Mutual Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
NUVEEN MULTI-MANAGER LARGE-CAP VALUE FUND CLASS R3 (NASDAQ:NMMTX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NMMTX
The long term trend has been DOWN since May 23rd, 2019 at 21.74
The intermediate term trend has been DOWN since May 7th, 2019 at 22.85
The short term trend has been UP since Jun 4th, 2019 at 21.29
Smart Scan Analysis for NMMTX
Based on a pre-defined weighted trend formula for chart analysis, NMMTX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-09-21|
|52wk Low||19.19||52wk Low Date||2018-12-24|
|Year End Close||20.21||Payment Date||2018-12-18|