American Funds Technical Analysis

    American Funds New Economy R5E -- USA Fund  

    USD 47.41  0.00  0.00%

    American Funds New Economy R5E shows Mean Deviation of 0.9363 and Risk Adjusted Performance of 0.1591. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of American Funds as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for American Funds New Economy R5E which can be compared to its rivals. Please confirm American Funds New Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if American Funds New is priced correctly providing market reflects its regular price of 47.41 per share.
     Time Horizon     30 Days    Login   to change

    American Funds New Technical Analysis

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    American Funds New Trend Analysis

    Use this graph to draw trend lines for American Funds New Economy R5E. You can use it to identify possible trend reversals for American Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

    American Funds Best Fit Change Line

    The following chart estimates an ordinary least squares regression model for American Funds New Economy R5E applied against its price change over selected period. The best fit line has a slop of 0.12 % which may suggest that American Funds New Economy R5E market price will keep on failing further. It has 34 observation points and a regression sum of squares at 12.66, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.

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    American Funds New Economy R5E is rated third largest fund in mean deviation among similar funds. It is currently under evaluation in standard deviation among similar funds creating about  1.45  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for American Funds New Economy R5E is roughly  1.45 

    Fundamentals Correlations

    Analyze American Funds Fundamentals Trends

    American Funds Market Strength

    American Funds February 23, 2018 Daily Price Condition