Mutual Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
WELLS FARGO COLORADO TAX FREE CL A (NASDAQ:NWCOX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NWCOX
The long term trend has been DOWN since Nov 22nd, 2017 at 10.98
The intermediate term trend has been UP since Dec 6th, 2017 at 11.01
The short term trend has been UP since Dec 14th, 2017 at 10.99
Smart Scan Analysis for NWCOX
Based on a pre-defined weighted trend formula for chart analysis, NWCOX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.07||52wk High Date||2017-09-08|
|52wk Low||10.7||52wk Low Date||2016-12-16|
|Year End Close||10.79||Payment Date||2007-12-27|