Mutual Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NUVEEN NWQ GLOBAL DIVIDEND VALUE PORTFOLIO 3Q 2016 CASH (NASDAQ:NVNGAX)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since May 18th, 2018 at 10.1073
The short term trend has been DOWN since Jun 14th, 2018 at 9.8614
Smart Scan Analysis for NVNGAX
Based on a pre-defined weighted trend formula for chart analysis, NVNGAX scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.9||52wk High Date||2018-01-26|
|52wk Low||9.4||52wk Low Date||2017-08-21|
|Year End Close||10.1149|