The output start index for this execution was eight with a total number of output elements of fifty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of American Funds The volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
American Funds The Trend Analysis
Use this graph to draw trend lines for American Funds The New Econom. 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 The New Econom applied against its price change over selected period. The best fit line has a slop of 0.02 % which may suggest that American Funds The New Econom market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.94, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.
American Funds September 21, 2019 Technical Indicators
Based on recorded statements American Funds The New Econom has One Year Return of -0.48%. This is 177.42% lower than that of the American Funds family, and 201.05% lower than that of Large Growth category, The One Year Return for all funds is 111.57% higher than the company.
American Funds Comparables
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
American Funds September 21, 2019 Daily Price Condition