Mutual Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
NUVEEN PREFERRED AND INCOME 2022 TERM FUND (NASDAQ:XJPTX)
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 XJPTX
The long term trend has been DOWN since Nov 14th, 2017 at 25.34
The intermediate term trend has been UP since Jan 7th, 2019 at 22.24
The short term trend has been UP since Jan 2nd, 2019 at 21.95
Smart Scan Analysis for XJPTX
Based on a pre-defined weighted trend formula for chart analysis, XJPTX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2017-12-08|
|52wk Low||21.85||52wk Low Date||2018-12-27|
|Year End Close||21.95||Payment Date||2018-12-31|