Mutual Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
NUVEEN REAL ESTATE SECURITIES FUND CL R3 (NASDAQ:FRSSX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 FRSSX
The long term trend has been DOWN since Dec 15th, 2017 at 22.14
The intermediate term trend has been DOWN since Dec 4th, 2017 at 22.79
The short term trend has been UP since Jan 16th, 2018 at 19.45
Smart Scan Analysis for FRSSX
Based on a pre-defined weighted trend formula for chart analysis, FRSSX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||23.09||52wk High Date||2017-11-13|
|52wk Low||19.45||52wk Low Date||2018-01-12|
|Year End Close||20.56||Payment Date||2017-12-29|