Stock Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NUVEEN MULTI-MARKET INCOME FUND (NYSE:JMM)
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.
MarketClub’s Trade Triangles for JMM
The long term trend has been DOWN since Feb 9th, 2018 at 7.4500
The intermediate term trend has been DOWN since May 21st, 2018 at 7.0201
The short term trend has been DOWN since Jun 12th, 2018 at 7.0726
Smart Scan Analysis for JMM
Based on a pre-defined weighted trend formula for chart analysis, JMM scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||7.77||Year High Date||2018-02-01|
|Year Low||6.6||Year Low Date||2018-03-28|
|52wk High||7.77||52wk High Date||2018-02-01|
|52wk Low||6.6||52wk Low Date||2018-03-28|