Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NUVEEN NWQ DIVERSIFIED INCOME PORTFOLIO 2Q 2017 CASH (NASDAQ:NVDICX)
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 NVDICX
The long term trend has been DOWN since Aug 10th, 2018 at 9.0043
The intermediate term trend has been DOWN since Sep 7th, 2018 at 8.9916
The short term trend has been DOWN since Oct 9th, 2018 at 8.7689
Smart Scan Analysis for NVDICX
Based on a pre-defined weighted trend formula for chart analysis, NVDICX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.46||52wk High Date||2017-11-24|
|52wk Low||8.6582||52wk Low Date||2018-10-15|
|Year End Close||9.3627|