Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NUVEEN NWQ DIVERSIFIED INCOME PORTFOLIO 1Q 2017 CASH (NASDAQ:NVDIBX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 DOWN since Aug 1st, 2018 at 9.2776
The intermediate term trend has been DOWN since Sep 7th, 2018 at 9.1738
The short term trend has been UP since Oct 16th, 2018 at 8.8589
Smart Scan Analysis for NVDIBX
Based on a pre-defined weighted trend formula for chart analysis, NVDIBX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.7||52wk High Date||2017-11-24|
|52wk Low||8.86||52wk Low Date||2018-10-11|
|Year End Close||9.6394|