Mutual Trend Analysis Report
Prepared for you on Wednesday, October 16, 2019.
NUVEEN S&P 500 BUY-WRITE INCOME FUND (NASDAQ:XBXMX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 XBXMX
The long term trend has been UP since Jul 26th, 2019 at 13.47
The intermediate term trend has been DOWN since Sep 24th, 2019 at 13.22
The short term trend has been UP since Oct 4th, 2019 at 13.16
Smart Scan Analysis for XBXMX
Based on a pre-defined weighted trend formula for chart analysis, XBXMX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14.24000000||52wk High Date||2018-10-01|
|52wk Low||11.98000000||52wk Low Date||2018-12-24|
|Year End Close||12.61000000||Payment Date||2019-10-01|