Mutual Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
NUVEEN ZACKS SELECT EQUITY INCOME PORTFOLIO 3Q 2016 CASH (NASDAQ:NVSBIX)
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 NVSBIX
The long term trend has been DOWN since Apr 6th, 2017 at 10.2120
The intermediate term trend has been DOWN since Mar 7th, 2017 at 10.5089
The short term trend has been DOWN since May 17th, 2017 at 10.0300
Smart Scan Analysis for NVSBIX
Based on a pre-defined weighted trend formula for chart analysis, NVSBIX scored -80 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|