Mutual Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
NUVEEN FORMULA 30 S&P PORTFOLIO 4Q 2016 CASH (NASDAQ:NVIFUX)
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 NVIFUX
The long term trend has been UP since Sep 1st, 2017 at 9.7392
The intermediate term trend has been DOWN since Jan 10th, 2018 at 9.7481
The short term trend has been DOWN since Jan 18th, 2018 at 9.7061
Smart Scan Analysis for NVIFUX
Based on a pre-defined weighted trend formula for chart analysis, NVIFUX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.07||52wk High Date||2017-03-01|
|52wk Low||9.39||52wk Low Date||2017-05-17|
|Year End Close||9.8197|