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Mutual Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

NUVEEN MTG OPPORTUNITY TERM FUND 2 (NASDAQ:XJMTX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_XJMTX
Open High Low XJMTX Price Change
23.26 23.26 23.26 23.26 +0.01
Entry Signal

MarketClub’s Trade Triangles for XJMTX

long term down The long term trend has been DOWN since Oct 29th, 2018 at 23.43

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 23.48

short term down The short term trend has been DOWN since Nov 14th, 2018 at 23.39

Smart Scan Analysis for XJMTX

Based on a pre-defined weighted trend formula for chart analysis, XJMTX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for XJMTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.26 23.26 23.26 23.26 +0.01
Prev. Close Volume Bid Ask Time
23.26 2018-11-19 00:00:00
52wk High25.7152wk High Date2017-12-13
52wk Low23.2552wk Low Date2018-11-15
Year End Close23.88Payment Date2018-12-03
Want to analyze NUVEEN MTG OPPORTUNITY TERM FUND 2 XJMTX or another symbol? Try our Free Mutual Trend Analysis Report.