Mutual Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
NUVEEN FLAGSHIP MICHIGAN MUNI-BOND FUND CL A (NASDAQ:FMITX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 FMITX
The long term trend has been DOWN since Nov 22nd, 2017 at 11.50
The intermediate term trend has been DOWN since Jan 19th, 2018 at 11.48
The short term trend has been DOWN since Feb 12th, 2018 at 11.34
Smart Scan Analysis for FMITX
Based on a pre-defined weighted trend formula for chart analysis, FMITX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.63||52wk High Date||2017-09-08|
|52wk Low||11.25||52wk Low Date||2017-03-14|
|Year End Close||11.55||Payment Date||2016-12-07|