Mutual Trend Analysis Report
Prepared for you on Saturday, July 21, 2018.
NUVEEN NWQ DIVERSIFIED INCOME PORTFOLIO 1Q 2017 CASH (NASDAQ:NVDIBX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 NVDIBX
The long term trend has been UP since Jun 6th, 2018 at 9.4172
The intermediate term trend has been UP since Jul 5th, 2018 at 9.4235
The short term trend has been UP since Jul 20th, 2018 at 9.3419
Smart Scan Analysis for NVDIBX
Based on a pre-defined weighted trend formula for chart analysis, NVDIBX scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.09||52wk High Date||2017-07-21|
|52wk Low||9.15||52wk Low Date||2018-02-08|
|Year End Close||9.6394|