American Funds Technical Analysis

TECCX -- USA Fund  

USD 18.00  0.09  0.50%

As of 15 of September American Funds shows Risk Adjusted Performance of 0.1316 and Mean Deviation of 0.0732. 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 eighteen technical drivers for American Funds Tax Exempt Fund which can be compared to its rivals. Please confirm American Funds Tax Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if American Funds Tax is priced correctly providing market reflects its regular price of 18.0 per share.
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American Funds Tax Technical Analysis

Time Period
  Portfolio Optimization    
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The output start index for this execution was seven with a total number of output elements of fifty-four. The Normalized Average True Range is used to analyze tradable apportunities for American Funds Tax across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

American Funds Tax Trend Analysis

Use this graph to draw trend lines for American Funds Tax Exempt Fund. 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 Tax Exempt Fund applied against its price change over selected period. The best fit line has a slop of 0.006813 % which means American Funds Tax Exempt Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.76, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.

American Funds September 15, 2019 Technical Indicators

American Funds Tax One Year Return

Based on recorded statements American Funds Tax Exempt Fund has One Year Return of 14.63%. This is 2259.68% higher than that of the American Funds family, and significantly higher than that of Muni California Long category, The One Year Return for all funds is notably lower than the firm.
  Year Return 
      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 15, 2019 Daily Price Condition

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