Mutual Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
VARIANT ALTERNATIVE INCOME FUND - INSTITUTIONAL CLASS (NASDAQ:NICHX)
Bull Market Weakness (+75) - NICHX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NICHX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NICHX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NICHX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NICHX
The long-term trend has been DOWN since Mar 30th, 2020 at 26.49
The intermediate-term trend has been UP since May 5th, 2020 at 26.35
The short-term trend has been UP since May 14th, 2020 at 26.36
Smart Scan Analysis for NICHX
Based on our trend formula, NICHX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||27||52wk High Date||2020-03-25|
|52wk Low||25.81||52wk Low Date||2019-06-27|
|Year End Close||26.51||Payment Date||2020-03-30|