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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

NUVEEN EQUITY LONG/SHORT FUND CLASS A (NASDAQ:NELAX)

Weak Downtrend (-65) - NELAX is showing signs of a strengthening downtrend. Monitor NELAX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NELAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for NELAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NELAX
Open High Low NELAX Price Change
53.42 53.42 53.42 53.28 -0.14
Entry Signal

MarketClub’s Trade Triangles for NELAX

long term up The long-term trend has been UP since Nov 14th, 2023 at 50.26

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 54.10

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 54.63

Smart Scan Analysis for NELAX

Based on our trend formula, NELAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NELAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.42 53.42 53.42 53.28 -0.14
Prev. Close Volume Bid Ask Time
53.42 0 53.28 56.53 2024-04-18 20:00:00
52wk High58.3652wk High Date2024-04-01
52wk Low43.9252wk Low Date2023-04-26
Year End Close50.61Payment Date2023-12-29
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