NUVEEN HGH INC DEC18 TRGT TR (JHA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JHA - US67075P1030
Taking everything into account, JHA scores 7 out of 10 in our technical rating. Although JHA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- JHA 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 JHA is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that JHA is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month JHA has a been trading in a tight range between 9.85 and 9.94.
- Volume is considerably higher in the last couple of days.
JHA has an excellent technical rating, but the quality of the setup is 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
9.68
We found 1 important support area.
- A support zone ranging from 9.78 to 9.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.95 to 9.95. 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 JHA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JHA is up. |
| ChartMill Relative Strength | 79.46 | POSITIVE | JHA has a high relative strength, it outperformed 79.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JHA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JHA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JHA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.08 | OVERBOUGHT | The high RSI value suggests JHA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests JHA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests JHA may be overbought. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for JHA suggests low volalility. |
NYSE:JHA (11/26/2018, 8:27:33 PM)
9.94
+0.01 (+0.1%)
NUVEEN HGH INC DEC18 TRGT TR / JHA FAQ
Can you provide the ChartMill technical rating for NUVEEN HGH INC DEC18 TRGT TR?
ChartMill assigns a technical rating of 7 / 10 to JHA.
What is the current trend direction of NUVEEN HGH INC DEC18 TRGT TR (JHA) stock?
The current trend direction for NUVEEN HGH INC DEC18 TRGT TR (JHA) is Bullish.
What is the RSI signal for JHA stock?
NUVEEN HGH INC DEC18 TRGT TR (JHA) has an RSI value of 70.0833. This indicates that the stock is currently overbought.
What is the buy/sell signal for NUVEEN HGH INC DEC18 TRGT TR (JHA) stock?
The buy/sell signal for NUVEEN HGH INC DEC18 TRGT TR (JHA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for JHA stock?
NUVEEN HGH INC DEC18 TRGT TR (JHA) has a support level at 9.93 and a resistance level at 9.95. Check the full technical report for our detailed analysis of JHA support and resistance levels.