Mutual Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
NUVEEN FORMULA 10 DOW PORTFOLIO 3Q 2016 CASH (NASDAQ:NVIFEX)
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 NVIFEX
The long term trend has been UP since Nov 9th, 2016 at 9.9354
The intermediate term trend has been DOWN since Nov 15th, 2017 at 12.1986
The short term trend has been UP since Nov 16th, 2017 at 12.2506
Smart Scan Analysis for NVIFEX
Based on a pre-defined weighted trend formula for chart analysis, NVIFEX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.37||52wk High Date||2017-10-24|
|52wk Low||10.02||52wk Low Date||2016-11-18|
|Year End Close||10.2766|