Stock Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
Nuveen MTG Opportunity Term Fund 2 (NYSE:JMT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Jun 20th, 2019 at 22.280
The intermediate term trend has been DOWN since Aug 14th, 2019 at 22.340
The short term trend has been DOWN since Aug 12th, 2019 at 22.533
Smart Scan Analysis for JMT
Based on a pre-defined weighted trend formula for chart analysis, JMT scored -90 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|