Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NUVEEN NWQ GLOBAL DIVIDEND VALUE PORTFOLIO 3Q 2016 CASH (NASDAQ:NVNGAX)
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 NVNGAX
The long term trend has been DOWN since Mar 22nd, 2018 at 9.9157
The intermediate term trend has been UP since Aug 27th, 2018 at 10.0239
The short term trend has been DOWN since Aug 30th, 2018 at 10.0605
Smart Scan Analysis for NVNGAX
Based on a pre-defined weighted trend formula for chart analysis, NVNGAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.9||52wk High Date||2018-01-26|
|52wk Low||9.43||52wk Low Date||2017-09-05|
|Year End Close||10.1149|