Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
NUVEEN MI MUNICIPAL BOND FD CL C (NASDAQ:FAFNX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 FAFNX
The long term trend has been UP since Dec 20th, 2018 at 11.26
The intermediate term trend has been UP since Nov 19th, 2018 at 11.10
The short term trend has been DOWN since Apr 1st, 2019 at 11.48
Smart Scan Analysis for FAFNX
Based on a pre-defined weighted trend formula for chart analysis, FAFNX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-15|
|52wk Low||11.05||52wk Low Date||2018-11-02|
|Year End Close||11.28||Payment Date||2016-12-07|