Mutual Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
NATIONWIDE HIGHMARK CALIFORNIA INTERMEDIATE TAX FREE BOND FUND CL A (NASDAQ:NWJKX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 NWJKX
The long term trend has been DOWN since Nov 16th, 2017 at 10.10
The intermediate term trend has been DOWN since Sep 18th, 2017 at 10.18
The short term trend has been UP since Mar 29th, 2018 at 9.70
Smart Scan Analysis for NWJKX
Based on a pre-defined weighted trend formula for chart analysis, NWJKX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.14||52wk High Date||2017-10-23|
|52wk Low||9.57||52wk Low Date||2018-10-10|
|Year End Close||9.87|