Mutual Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
NUVEEN ZACKS SELECT EQUITY INCOME PORTFOLIO 3Q 2016 CASH (NASDAQ:NVSBIX)
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 NVSBIX
The long term trend has been UP since Nov 22nd, 2016 at 9.9934
The intermediate term trend has been DOWN since Mar 7th, 2017 at 10.5089
The short term trend has been DOWN since Mar 21st, 2017 at 10.4110
Smart Scan Analysis for NVSBIX
Based on a pre-defined weighted trend formula for chart analysis, NVSBIX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.72||52wk High Date||2017-02-21|
|52wk Low||9.52||52wk Low Date||2016-11-04|
|Year End Close||10.2465|