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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
AMERICAN BEACON TWENTYFOUR SUSTAINABLE SHORT TERM BOND FUND - A CLASS (NASDAQ:TFBAX)
Crossroads (-60) - TFBAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 31st, 2023 at 8.45
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 8.62
The short-term trend has been DOWN since Apr 1st, 2024 at 8.64
Smart Scan Analysis for TFBAX
Based on our trend formula, TFBAX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.62 | 8.62 | 8.62 | 8.61 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.61 | 0 | 8.62 | 8.84 | 2024-04-15 20:00:00 |
| 52wk High | 8.65 | 52wk High Date | 2024-01-31 |
| 52wk Low | 8.35 | 52wk Low Date | 2023-07-06 |
| Year End Close | 8.61 | Payment Date | 2023-09-05 |