NUVEEN MTG OPPTY TERM FD 2 (JMT) Stock Technical Analysis
USA - NYSE:JMT -
Overall JMT gets a technical rating of 0 out of 10. JMT'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.
Although the technical rating is bad, JMT does present a nice setup opportunity. 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
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.
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. |
NYSE:JMT (12/13/2019, 8:04:04 PM)
22.05
+0 (+0.02%)
NUVEEN MTG OPPTY TERM FD 2 / JMT FAQ
What is the technical rating for JMT stock?
ChartMill assigns a technical rating of 0 / 10 to JMT.
What is the trend direction for JMT stock?
The current trend direction for NUVEEN MTG OPPTY TERM FD 2 (JMT) is Bearish.
What is the RSI signal for JMT stock?
NUVEEN MTG OPPTY TERM FD 2 (JMT) has an RSI value of 44.816. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVEEN MTG OPPTY TERM FD 2?
The MACD indicator for NUVEEN MTG OPPTY TERM FD 2 (JMT) has a value of -0.00176425, indicating a bearish trend.
Can you provide the buy/sell signal for NUVEEN MTG OPPTY TERM FD 2?
The buy/sell signal for NUVEEN MTG OPPTY TERM FD 2 (JMT) is sell as both the short term and long term trends are negative.