Mutual Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
NUVEEN FORMULA 10 DOW PORTFOLIO 3Q 2016 CASH (NASDAQ:NVIFEX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NVIFEX
The long term trend has been UP since Nov 9th, 2016 at 9.9354
The intermediate term trend has been UP since Jul 25th, 2017 at 11.0188
The short term trend has been UP since Sep 11th, 2017 at 11.5062
Smart Scan Analysis for NVIFEX
Based on a pre-defined weighted trend formula for chart analysis, NVIFEX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.8544||52wk High Date||2017-09-19|
|52wk Low||9.63||52wk Low Date||2016-11-04|
|Year End Close||10.2766|