American Mutual Fund Technical Analysis

CDWFX -  USA Fund  

USD 11.57  0.05  0.43%

As of the 28th of January, American Funds shows the mean deviation of 0.7101, and Risk Adjusted Performance of (0.16). American Funds Developing 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 analyze and collect data for nineteen technical drivers for American Funds Developing, which can be compared to its rivals. Please confirm American Funds Developing market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if American Funds Developing is priced correctly, providing market reflects its regular price of 11.57 per share.

American Technical Analysis 

 
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American Funds 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, stock market cycles, or different charting patterns.
A focus of American Funds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Funds 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 Funds Developing Technical Analysis

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The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Developing 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 Developing Trend Analysis

Use this graph to draw trend lines for American Funds Developing. 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 Developing applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may suggest that American Funds Developing market price will keep on failing further. It has 122 observation points and a regression sum of squares at 15.88, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.

About American Funds 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 Funds Developing 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 Funds Developing based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on American Funds Developing stock first instead of the macroeconomic environment surrounding American Funds Developing. By analyzing American Funds'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 Funds'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 Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.

American Funds January 28, 2022 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 Funds Developing One Year Return

Based on the recorded statements, American Funds Developing has an One Year Return of -3.71%. This is 698.39% lower than that of the American Funds family and significantly lower than that of the Diversified Emerging Mkts category. The one year return for all United States funds is 189.4% higher than that of the company.
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.
Continue to Trending Equities. Note that the American Funds Developing information on this page should be used as a complementary analysis to other American Funds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for American Mutual Fund analysis

When running American Funds Developing price analysis, check to measure American Funds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Funds is operating at the current time. Most of American Funds' value examination focuses on studying past and present price action to predict the probability of American Funds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move American Funds' price. Additionally, you may evaluate how the addition of American Funds to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between American Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine American Funds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Funds' 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.