Mutual Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
NUVEEN FORMULA 30 S&P PORTFOLIO 4Q 2016 CASH (NASDAQ:NVIFUX)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 UP since Sep 1st, 2017 at 9.7392
The intermediate term trend has been DOWN since Oct 6th, 2017 at 9.8679
The short term trend has been DOWN since Nov 15th, 2017 at 9.7481
Smart Scan Analysis for NVIFUX
Based on a pre-defined weighted trend formula for chart analysis, NVIFUX scored -50 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|