Mutual Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
NUVEEN FLAGSHIP KY MUNI-BOND FUND CL R (SERIES of NUVEEN FLAGSHIP MULTISTATE) (NASDAQ:FKYRX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 FKYRX
The long term trend has been DOWN since Oct 2nd, 2017 at 10.84
The intermediate term trend has been DOWN since Jul 26th, 2018 at 10.61
The short term trend has been DOWN since Oct 3rd, 2018 at 10.49
Smart Scan Analysis for FKYRX
Based on a pre-defined weighted trend formula for chart analysis, FKYRX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.88||52wk High Date||2017-11-08|
|52wk Low||10.39||52wk Low Date||2018-10-10|
|Year End Close||10.85||Payment Date||2017-12-07|