NUVEEN FLOATING RATE INCOME (JFR) Stock Technical Analysis
NYSE:JFR - US67072T1088
8.36 USD
-0.04 (-0.48%)
8.36 USD
0 (0%)
We assign a technical rating of 1 out of 10 to JFR. JFR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
70% of all other stocks performed better in the past year than JFR.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
JFR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JFR is lagging the market.
In the last month JFR has a been trading in a tight range between 8.36 and 8.55.
JFR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.61
9.32
When analyzing the support we can see 3 important areas.
- Support @8.24 from a horizontal line in the daily time frame.
- Support @7.86 from a horizontal line in the weekly time frame.
- Support @7.69 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.41 to 8.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.15 to 9.23. 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 | NEUTRAL | NEUTRAL | The long term trend for JFR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JFR is down. |
| ChartMill Relative Strength | 30.73 | NEUTRAL | JFR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JFR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JFR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JFR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.53 | NEUTRAL | The RSI value for JFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests JFR has a negative trend. |
| Stochastics (14,3) | 12.22 | OVERSOLD | The low Stochastics value suggests JFR may be oversold. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for JFR suggests low volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for JFR suggests a possible start of a new 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)
8.36
-0.04 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week-1.65%
2 Weeks-1.88%
1 Month-1.07%
3 Month2.45%
6 Month-1.53%
12 Month-5.11%
2 Year3.34%
3 Year-3.46%
5 Year0.84%
10 Year-19.07%
15 Year-23.58%
Volatility
ATR(14)0.05
ATR(20)%0.55%
ATR Inc9.38%
Range Today0.04
ADR(20)0.04
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.73
Mansfield-1
10 Day High8.55
10 Day Low8.36
20 Day High8.55
20 Day Low8.36
52 Week High9.24
52 Week Low7.12
CS1 End8.24
CR1 Start8.41
Volume & EV
DER(3)-10.04%
DER(5)-5.6%
Volume733.90K
Volume Incr34.54%
Vol(5)656.00K
Vol(50)542.86K