Mutual Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
NUVEEN EQUITY MARKET NEUTRAL FUND CLASS I (NASDAQ:NIMEX)
Strong Downtrend (-100) - NIMEX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NIMEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIMEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NIMEX
The long-term trend has been DOWN since Jul 1st, 2020 at 21.62
The intermediate-term trend has been DOWN since Aug 28th, 2020 at 21.72
The short-term trend has been DOWN since Oct 16th, 2020 at 21.00
Smart Scan Analysis for NIMEX
Based on our trend formula, NIMEX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.08||52wk High Date||2019-11-08|
|52wk Low||20.41||52wk Low Date||2020-10-23|
|Year End Close||23.24||Payment Date||2019-12-31|