NUVEEN CORE EQUITY ALPHA (JCE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JCE - US67090X1072
Taking everything into account, JCE scores 4 out of 10 in our technical rating. In the last year, JCE was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
JCE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.74, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.20
We found 2 important support areas.
- A support zone ranging from 15.16 to 15.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.78 to 16.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for JCE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JCE is neutral. |
| ChartMill Relative Strength | 47.84 | NEUTRAL | JCE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JCE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JCE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.01 | NEUTRAL | The RSI value for JCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests JCE has a negative trend. |
| Stochastics (14,3) | 69.22 | NEUTRAL | The Stochastics value for JCE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for JCE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for JCE suggests a possible start of a new trend. |
15.75
-0.19 (-1.19%)
NUVEEN CORE EQUITY ALPHA / JCE FAQ
What is the ChartMill technical rating of NUVEEN CORE EQUITY ALPHA (JCE) stock?
ChartMill assigns a technical rating of 4 / 10 to JCE.
What is the trend direction for JCE stock?
The current trend direction for NUVEEN CORE EQUITY ALPHA (JCE) is Bearish.
What is the RSI signal for NUVEEN CORE EQUITY ALPHA (JCE) stock?
NUVEEN CORE EQUITY ALPHA (JCE) has an RSI value of 46.0088. This indicates that the stock is currently neutral.
What is the short term momentum for JCE stock?
The short term momentum for NUVEEN CORE EQUITY ALPHA (JCE) is neutral.