Mutual Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
NUVEEN FLAGSHIP ALL-AMERICAN MUNI-BOND FUND CL R SHARES (SERIES of NUVEEN MUNI TRUST) (NASDAQ:FAARX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FAARX
The long term trend has been DOWN since Jan 29th, 2018 at 11.60
The intermediate term trend has been DOWN since Jul 26th, 2018 at 11.49
The short term trend has been UP since Aug 10th, 2018 at 11.46
Smart Scan Analysis for FAARX
Based on a pre-defined weighted trend formula for chart analysis, FAARX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.8||52wk High Date||2017-12-06|
|52wk Low||11.39||52wk Low Date||2018-04-25|
|Year End Close||11.74||Payment Date||2017-12-07|