Mutual Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
NUVEEN NWQ GLOBAL DIVIDEND VALUE PORTFOLIO 1Q 2017 CASH (NASDAQ:NVNGCX)
Smart Scan Chart Analysis indicates that the upward 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 NVNGCX
The long term trend has been DOWN since Oct 10th, 2018 at 9.3165
The intermediate term trend has been UP since Nov 7th, 2018 at 9.2299
The short term trend has been UP since Nov 26th, 2018 at 8.9322
Smart Scan Analysis for NVNGCX
Based on a pre-defined weighted trend formula for chart analysis, NVNGCX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.57||52wk High Date||2018-01-26|
|52wk Low||8.7||52wk Low Date||2018-10-24|
|Year End Close||9.9615|