Mutual Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
NUVEEN NWQ DIVERSIFIED INCOME PORTFOLIO 1Q 2017 CASH (NASDAQ:NVDIBX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Sep 7th, 2017 at 9.8553
The intermediate term trend has been DOWN since Aug 8th, 2017 at 10.0007
The short term trend has been UP since Nov 13th, 2017 at 9.5152
Smart Scan Analysis for NVDIBX
Based on a pre-defined weighted trend formula for chart analysis, NVDIBX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.09||52wk High Date||2017-07-21|
|52wk Low||9.52||52wk Low Date||2017-01-19|
|Year End Close||9.655|