Mutual Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
NUVEEN FORMULA 10 DOW PORTFOLIO 1Q 2017 CASH (NASDAQ:NVIFGX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NVIFGX
The long term trend has been DOWN since Apr 2nd, 2018 at 10.8155
The intermediate term trend has been UP since Apr 16th, 2018 at 11.2826
The short term trend has been UP since May 18th, 2018 at 11.4752
Smart Scan Analysis for NVIFGX
Based on a pre-defined weighted trend formula for chart analysis, NVIFGX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.12||52wk High Date||2018-01-26|
|52wk Low||9.4||52wk Low Date||2017-05-22|
|Year End Close||11.2236|