Mutual Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
NUVEEN NASDAQ 100 DYNAMIC OVERWRITE FUND (NASDAQ:XQQQX)
Strong Uptrend (+100) - XQQQX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XQQQX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XQQQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XQQQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XQQQX
The long-term trend has been UP since Jun 5th, 2020 at 23.63
The intermediate-term trend has been UP since Apr 6th, 2020 at 20.09
The short-term trend has been UP since Jul 29th, 2020 at 24.22
Smart Scan Analysis for XQQQX
Based on our trend formula, XQQQX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.3||52wk High Date||2020-02-19|
|52wk Low||18.15||52wk Low Date||2020-03-20|
|Year End Close||24.12||Payment Date||2020-07-01|