NUVEEN GLOBAL HIGH INCOME (JGH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JGH - US67075G1031
Overall JGH gets a technical rating of 0 out of 10. JGH'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.
JGH has a poor technical rating and the quality of the setup is also only medium 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
12.25
When analyzing the support we notice one important area.
- A support zone ranging from 12.37 to 12.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.48 to 13.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.58 to 13.69. 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 | DOWN | NEGATIVE | The long term trend for JGH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JGH is down. |
| ChartMill Relative Strength | 29.26 | NEGATIVE | JGH has a low relative strength, it was outperformed by 70.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JGH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JGH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JGH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.26 | NEUTRAL | The RSI value for JGH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JGH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.91 | OVERSOLD | The low Stochastics value suggests JGH may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for JGH suggests low volalility. |
| Average Directional Index/ADX (14) | 33.86 | POSITIVE | The high ADX value value for JGH suggests a strong trend. |
12.47
-0.04 (-0.32%)
NUVEEN GLOBAL HIGH INCOME / JGH FAQ
What is the ChartMill technical rating of NUVEEN GLOBAL HIGH INCOME (JGH) stock?
ChartMill assigns a technical rating of 0 / 10 to JGH.
What is the trend direction for JGH stock?
The current trend direction for NUVEEN GLOBAL HIGH INCOME (JGH) is Bearish.
Can you provide the RSI signal for NUVEEN GLOBAL HIGH INCOME?
NUVEEN GLOBAL HIGH INCOME (JGH) has an RSI value of 32.2619. This indicates that the stock is currently neutral.
What is the MACD signal for JGH stock?
The MACD indicator for NUVEEN GLOBAL HIGH INCOME (JGH) has a value of -0.0102324, indicating a bearish trend.
Can you provide the short term momentum for NUVEEN GLOBAL HIGH INCOME?
The short term momentum for NUVEEN GLOBAL HIGH INCOME (JGH) is negative.