Mutual Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NUVEEN NWQ DIVERSIFIED INCOME PORTFOLIO 2Q 2017 CASH (NASDAQ:NVDICX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 NVDICX
The long term trend has been DOWN since Sep 7th, 2017 at 9.5732
The intermediate term trend has been UP since Feb 26th, 2018 at 9.1433
The short term trend has been DOWN since Mar 15th, 2018 at 9.1635
Smart Scan Analysis for NVDICX
Based on a pre-defined weighted trend formula for chart analysis, NVDICX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.84||52wk High Date||2017-07-21|
|52wk Low||8.9||52wk Low Date||2018-02-08|
|Year End Close||9.3627|