Stock Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
Nuveen MTG Opportunity Term Fund 2 (NYSE:JMT)
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 JMT
The long term trend has been UP since Mar 7th, 2019 at 23.3300
The intermediate term trend has been UP since Jun 4th, 2019 at 22.6300
The short term trend has been DOWN since Jun 13th, 2019 at 22.4427
Smart Scan Analysis for JMT
Based on a pre-defined weighted trend formula for chart analysis, JMT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.87||Year High Date||2018-01-03|
|Year Low||22.21||Year Low Date||2018-02-15|
|52wk High||24.1||52wk High Date||2019-03-07|
|52wk Low||21.65||52wk Low Date||2018-12-26|
|Year End Close||27.18||Average Volume||9,980|
|Shares Outstanding||4,849||Market Cap||109M|