Free Daily Analysis

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.

NASDAQ_NGAFX
Open High Low NGAFX Price Change
19.06 19.11 19.11 19.11 +0.05
Entry Signal

MarketClub’s Trade Triangles for NGAFX

long term down The long-term trend has been DOWN since Oct 11th, 2019 at 22.09

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2020 at 19.49

short term down 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).

-90
Smart Scan Analysis for NGAFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.06 19.11 19.11 19.11 +0.05
Prev. Close Volume Bid Ask Time
19.06 0 19.11 20.28 2020-05-29 20:00:00
52wk High24.0752wk High Date2019-09-03
52wk Low18.8652wk Low Date2019-12-30
Year End Close18.88Payment Date2019-12-17
Get a free daily analysis and signals for NUVEEN GRESHAM MANAGED FUTURES STRATEGY FUND CLASS A (NGAFX) - Request Your Free Report.