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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
NUVEEN FLOATING RATE INCOME FUND CLASS A (NASDAQ:NFRAX)
Sidelines Mode (-55) - NFRAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NFRAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NFRAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NFRAX
The long-term trend has been UP since Dec 14th, 2023 at 18.04
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 18.19
The short-term trend has been UP since Apr 23rd, 2024 at 18.13
Smart Scan Analysis for NFRAX
Based on our trend formula, NFRAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.15 | 18.15 | 18.15 | 18.14 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.15 | 0 | 18.15 | 18.71 | 2024-04-24 18:45:00 |
| 52wk High | 18.78 | 52wk High Date | 2024-03-19 |
| 52wk Low | 17.71 | 52wk Low Date | 2023-05-31 |
| Year End Close | 18.11 | Payment Date | 2019-12-31 |