Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
FEDERATED NEW YORK MUNICIPAL CASH TRUST WEALTH SHS (NASDAQ:NISXX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for NISXX
The long term trend has been UP since Feb 22nd, 2019 at 1.47
The intermediate term trend has been DOWN since Mar 18th, 2019 at 1.42
The short term trend has been DOWN since Mar 4th, 2019 at 1.48
Smart Scan Analysis for NISXX
Based on a pre-defined weighted trend formula for chart analysis, NISXX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1.47||52wk High Date||2019-01-02|
|52wk Low||0.77||52wk Low Date||2018-07-23|