NUVEEN MTG OPPTY TERM FD 2 (JMT) Technical Analysis
NYSE:JMT
Current stock price
JMT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to JMT. JMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than JMT.
- JMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: JMT has an average volume of 13862 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month JMT has a been trading in a tight range between 21.95 and 22.29.
JMT Weekly and Daily overview Charts
JMT Setup Rating and Analysis
JMT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.05, a Stop Loss order could be placed below this zone.
More info and screens
JMT Support and Resistance Analysis
21.49
When analyzing the support we notice one important area.
- A support zone ranging from 21.71 to 22.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.05 to 22.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
JMT Technical Indicator Signal Analysis
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 JMT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JMT is down. |
| ChartMill Relative Strength | 20.86 | NEGATIVE | JMT has a low relative strength, it was outperformed by 79.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.82 | NEUTRAL | The RSI value for JMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests JMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.14 | NEUTRAL | The Stochastics value for JMT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for JMT suggests low volalility. |
JMT Chart- and CandleStick Pattern Analysis
JMT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:JMT (12/13/2019, 8:04:04 PM)
22.05
+0 (+0.02%)
NUVEEN MTG OPPTY TERM FD 2 / JMT TA FAQ
What is the technical rating for JMT stock?
ChartMill assigns a technical rating of 0 / 10 to JMT.
Can you provide the trend direction for NUVEEN MTG OPPTY TERM FD 2?
The current trend direction for NUVEEN MTG OPPTY TERM FD 2 (JMT) is Bearish.
What is the RSI signal for NUVEEN MTG OPPTY TERM FD 2 (JMT) stock?
NUVEEN MTG OPPTY TERM FD 2 (JMT) has an RSI value of 44.816. This indicates that the stock is currently neutral.
What is the MACD signal for NUVEEN MTG OPPTY TERM FD 2 (JMT) stock?
The MACD indicator for NUVEEN MTG OPPTY TERM FD 2 (JMT) has a value of -0.00176425, indicating a bearish trend.
What is the short term momentum for NUVEEN MTG OPPTY TERM FD 2 (JMT) stock?
The short term momentum for NUVEEN MTG OPPTY TERM FD 2 (JMT) is negative.