Mutual Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
NUVEEN FORMULA 30 S&P PORTFOLIO 4Q 2016 CASH (NASDAQ:NVIFUX)
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 NVIFUX
The long term trend has been DOWN since Mar 9th, 2017 at 9.7447
The intermediate term trend has been DOWN since Jul 6th, 2017 at 9.5649
The short term trend has been UP since Jul 12th, 2017 at 9.4781
Smart Scan Analysis for NVIFUX
Based on a pre-defined weighted trend formula for chart analysis, NVIFUX scored -55 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||9.8031|