Mutual Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NUVEEN 2017 EQUITY OUTLOOK PORTFOLIO (NASDAQ:NVNEBX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 NVNEBX
The long term trend has been DOWN since Mar 23rd, 2018 at 10.8258
The intermediate term trend has been UP since Apr 16th, 2018 at 10.9964
The short term trend has been UP since Apr 4th, 2018 at 10.8455
Smart Scan Analysis for NVNEBX
Based on a pre-defined weighted trend formula for chart analysis, NVNEBX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12.18||52wk High Date||2018-01-26|
|52wk Low||9.79||52wk Low Date||2017-04-19|
|Year End Close||11.1321|