Analyze Symbol

Mutual Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

NUVEEN EQUITY LONG/SHORT FUND CLASS A (NASDAQ:NELAX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

NASDAQ_NELAX
Open High Low NELAX Price Change
41.31 41.33 41.33 41.33 +0.02
Entry Signal

MarketClub’s Trade Triangles for NELAX

long term up The long term trend has been UP since Jul 15th, 2019 at 40.71

intermediate term up The intermediate term trend has been UP since Oct 15th, 2019 at 40.47

short term down The short term trend has been DOWN since Nov 13th, 2019 at 41.48

Smart Scan Analysis for NELAX

Based on a pre-defined weighted trend formula for chart analysis, NELAX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NELAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.31 41.33 41.33 41.33 +0.02
Prev. Close Volume Bid Ask Time
41.31 0 41.33 43.85 2019-11-15 20:00:00
52wk High43.2552wk High Date2018-11-28
52wk Low38.1552wk Low Date2018-12-24
Year End Close39.54Payment Date2018-12-18
Want to analyze NUVEEN EQUITY LONG/SHORT FUND CLASS A NELAX or another symbol? Try our Free Mutual Trend Analysis Report.