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Mutual Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

NUVEEN S&P 500 BUY-WRITE INCOME FUND (NASDAQ:XBXMX)

Bull Market Weakness (+75) - XBXMX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XBXMX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XBXMX?

MarketClub looks at technical strength and momentum to determine if the timing is right for XBXMX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_XBXMX
Open High Low XBXMX Price Change
12.29 12.31 12.31 12.31 +0.02
Entry Signal

MarketClub’s Trade Triangles for XBXMX

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 13.58

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 11.24

short term up The short-term trend has been UP since May 15th, 2020 at 12.02

Smart Scan Analysis for XBXMX

Based on our trend formula, XBXMX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XBXMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.29 12.31 12.31 12.31 +0.02
Prev. Close Volume Bid Ask Time
12.29 0 12.31 2020-05-29 20:00:00
52wk High14.0552wk High Date2020-02-19
52wk Low10.2752wk Low Date2020-03-23
Year End Close13.67Payment Date2020-04-01
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