Mutual Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
NUVEEN FORMULA 30 S&P PORTFOLIO 4Q 2016 CASH (NASDAQ:NVIFUX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 DOWN since Feb 5th, 2018 at 9.6564
The intermediate term trend has been DOWN since Feb 5th, 2018 at 9.6903
The short term trend has been UP since Mar 5th, 2018 at 9.3969
Smart Scan Analysis for NVIFUX
Based on a pre-defined weighted trend formula for chart analysis, NVIFUX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.1||52wk High Date||2018-01-26|
|52wk Low||9.14||52wk Low Date||2018-02-08|
|Year End Close||9.8197|