Stock Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX)
Bull Market Weakness (+75) - SPXX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXX
The long-term trend has been UP since Nov 16th, 2020 at 14.54
The intermediate-term trend has been UP since Nov 5th, 2020 at 13.78
The short-term trend has been DOWN since Feb 22nd, 2021 at 15.75
Smart Scan Analysis for SPXX
Based on our trend formula, SPXX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||19.88||Year High Date||2018-06-08|
|Year Low||14.88||Year Low Date||2018-10-29|
|52wk High||16.54||52wk High Date||2020-02-25|
|52wk Low||8.64||52wk Low Date||2020-03-18|
|Average Volume||72,785||Shares Outstanding||16,500|