RIVDX Stock Tickeron detected bearish Mutual Fund Pattern: Triangle Descending on July 01, 2024

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Triangle Descending

RIVDX - American Funds International Vntg R-2

Emerged: 07/01/24

Breakout: $16.84

Price: $16.84

Target price: $16.35

A.I.dvisor detected a bearish Triangle Descending pattern for RIVDX stock. This pattern was detected on July 01, 2024 . The odds of reaching the target price are 6. The Descending Triangle pattern has a horizontal bottom (1, 3, 5) which represents the support level, and a down-sloping top line (2, 4). Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

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These past five trading days, the mutual fund lost 0.00%.

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