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Mutual Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
American Beacon TwentyFour Sustainable Short Term Bond Fund - A Class (NASDAQ:TFBAX)
Long-Term Downtrend (-90) - TFBAX is in a strong downtrend that is likely to continue. While TFBAX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TFBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TFBAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TFBAX
The long-term trend has been DOWN since Mar 1st, 2021 at 10.01
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 9.56
The short-term trend has been DOWN since Jun 27th, 2022 at 9.29
Smart Scan Analysis for TFBAX
Based on our trend formula, TFBAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.23 | 9.23 | 9.23 | 9.25 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.23 | 0 | 9.25 | 9.49 | 2022-07-01 20:00:00 |
| 52wk High | 10.25 | 52wk High Date | 2021-07-30 |
| 52wk Low | 9.23 | 52wk Low Date | 2022-06-30 |
| Year End Close | 9.79 | Payment Date | 2021-05-04 |