NUVEEN CORE EQUITY ALPHA (JCE) Stock Technical Analysis
NYSE:JCE - US67090X1072
15.73 USD
+0.03 (+0.19%)
15.3 USD
-0.43 (-2.73%)
Overall JCE gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JCE is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
JCE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JCE is lagging the market slightly.
When comparing the performance of all stocks over the past year, JCE turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month JCE has a been trading in a tight range between 15.11 and 15.85.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, JCE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.61, a Stop Loss order could be placed below this zone.
More info and screens
12.91
16.37
5 important support areas can be observed.
- A support zone ranging from 15.23 to 15.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.70 to 14.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.86 from a trend line in the weekly time frame.
- A support zone ranging from 13.33 to 13.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @13.04 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.14 to 16.21. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for JCE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JCE is up. |
| ChartMill Relative Strength | 46.9 | NEUTRAL | JCE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JCE is above 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) | 59.97 | NEUTRAL | The RSI value for JCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests JCE has a positive trend. |
| Stochastics (14,3) | 61.72 | NEUTRAL | The Stochastics value for JCE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for JCE suggests low volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for JCE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.86 | 15.35 | 0.51 (3.22%) | 25.00% |
| An entry @15.86. This is a Buy Stop order right above the 10 day high. | An exit @15.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 3.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.73
+0.03 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week1.29%
2 Weeks0.26%
1 Month1.75%
3 Month4.46%
6 Month1.62%
12 Month2.82%
2 Year21.33%
3 Year6.15%
5 Year18.05%
10 Year1.03%
15 Year33.5%
Volatility
ATR(14)0.16
ATR(20)%1.16%
ATR Inc-35.25%
Range Today0.2
ADR(20)0.17
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.9
Mansfield-0.58
10 Day High15.85
10 Day Low15.36
20 Day High15.85
20 Day Low15.11
52 Week High16.58
52 Week Low12.51
CS1 End15.61
CR1 Start16.14
Volume & EV
DER(3)0.4%
DER(5)0.16%
Volume11.96K
Volume Incr-36.65%
Vol(5)19.10K
Vol(50)30.25K