Stock Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
NUVEEN MTG OPPORTUNITY TERM FUND 2 CO (NYSE:JMT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 JMT
The long term trend has been UP since Aug 27th, 2018 at 23.28
The intermediate term trend has been DOWN since Oct 9th, 2018 at 22.85
The short term trend has been DOWN since Nov 14th, 2018 at 23.02
Smart Scan Analysis for JMT
Based on a pre-defined weighted trend formula for chart analysis, JMT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.87||Year High Date||2018-01-03|
|Year Low||22.21||Year Low Date||2018-02-15|
|52wk High||25.4||52wk High Date||2017-12-22|
|52wk Low||22.21||52wk Low Date||2018-02-15|
|Year End Close||27.18||Average Volume||6,196|