Mutual Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
NUVEEN CORE REAL ESTATE SECURITIES PORTFOLIO 3Q 2016 CASH (NASDAQ:NVNRIX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 NVNRIX
The long term trend has been UP since Feb 23rd, 2017 at 9.4676
The intermediate term trend has been DOWN since Aug 10th, 2017 at 9.4239
The short term trend has been DOWN since Aug 2nd, 2017 at 9.5549
Smart Scan Analysis for NVNRIX
Based on a pre-defined weighted trend formula for chart analysis, NVNRIX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.04||52wk High Date||2016-09-26|
|52wk Low||8.82||52wk Low Date||2016-11-10|
|Year End Close||9.2645|