Mutual Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
NUVEEN GRESHAM MANAGED FUTURES STRATEGY FUND CLASS A (NASDAQ:NGAFX)
Long-Term Downtrend (-90) - NGAFX is in a strong downtrend that is likely to continue. While NGAFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NGAFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGAFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGAFX
The long-term trend has been DOWN since Oct 11th, 2019 at 22.09
The intermediate-term trend has been DOWN since May 18th, 2020 at 19.49
The short-term trend has been DOWN since May 26th, 2020 at 19.26
Smart Scan Analysis for NGAFX
Based on our trend formula, NGAFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.07||52wk High Date||2019-09-03|
|52wk Low||18.86||52wk Low Date||2019-12-30|
|Year End Close||18.88||Payment Date||2019-12-17|