Mutual Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
NUVEEN SHORT DURATION HIGH YIELD MUNICIPAL BOND FD CL A (NASDAQ:NVHAX)
Bull Market Weakness (+75) - NVHAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NVHAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NVHAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVHAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NVHAX
The long-term trend has been DOWN since Mar 11th, 2020 at 10.51
The intermediate-term trend has been UP since May 20th, 2020 at 9.66
The short-term trend has been UP since Jul 14th, 2020 at 9.88
Smart Scan Analysis for NVHAX
Based on our trend formula, NVHAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.77||52wk High Date||2020-02-27|
|52wk Low||9.3||52wk Low Date||2020-03-23|
|Year End Close||10.53||Payment Date||2017-12-07|