American Balanced Fund Technical Analysis

ABALX Fund  USD 34.05  0.01  0.03%   
As of the 21st of May, American Balanced shows the risk adjusted performance of 0.0694, and Mean Deviation of 0.4082. American Balanced technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, 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 were able to break down and interpolate nineteen technical drivers for American Balanced, which can be compared to its peers. Please confirm American Balanced standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if American Balanced is priced correctly, providing market reflects its regular price of 34.05 per share.

American Balanced Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as American, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to American
  
American Balanced's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
American Balanced technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of American Balanced technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Balanced trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

American Balanced Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Balanced volatility. High ATR values indicate high volatility, and low values indicate low volatility.

American Balanced Trend Analysis

Use this graph to draw trend lines for American Balanced. You can use it to identify possible trend reversals for American Balanced 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 Balanced price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

American Balanced Best Fit Change Line

The following chart estimates an ordinary least squares regression model for American Balanced applied against its price change over selected period. The best fit line has a slop of    , which means American Balanced will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.81, which is the sum of squared deviations for the predicted American Balanced price change compared to its average price change.

About American Balanced Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of American Balanced on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of American Balanced based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on American Balanced price pattern first instead of the macroeconomic environment surrounding American Balanced. By analyzing American Balanced's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of American Balanced's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to American Balanced specific price patterns or momentum indicators. Please read more on our technical analysis page.

American Balanced May 21, 2024 Technical Indicators

Most technical analysis of American help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for American from various momentum indicators to cycle indicators. When you analyze American charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

American Balanced One Year Return

Based on the recorded statements, American Balanced has an One Year Return of 15.2881%. This is much higher than that of the American Funds family and 233.07% higher than that of the Allocation--50% to 70% Equity category. The one year return for all United States funds is notably lower than that of the firm.
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 Balanced May 21, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as American stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Balanced. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Please note, there is a significant difference between American Balanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Balanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Balanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.