NUVEEN PREFERED & INCOME OPP (JPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JPC - US67073B1061
We assign a technical rating of 2 out of 10 to JPC. JPC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
JPC 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 8.02, a Stop Loss order could be placed below this zone.
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6.97
4 important support areas can be observed.
- A support zone ranging from 7.95 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.77 from a horizontal line in the daily time frame.
- Support @7.36 from a trend line in the weekly time frame.
- A support zone ranging from 7.04 to 7.14. 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 8.12 to 8.30. 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 | NEUTRAL | NEUTRAL | The long term trend for JPC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JPC is down. |
| ChartMill Relative Strength | 41.64 | NEUTRAL | JPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JPC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JPC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.09 | NEUTRAL | The RSI value for JPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests JPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.82 | OVERSOLD | The low Stochastics value suggests JPC may be oversold. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for JPC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for JPC suggests a weak or negative trend. |
8.09
+0.04 (+0.5%)
NUVEEN PREFERED & INCOME OPP / JPC FAQ
What is the technical rating for JPC stock?
ChartMill assigns a technical rating of 2 / 10 to JPC.
What is the current trend direction of NUVEEN PREFERED & INCOME OPP (JPC) stock?
The current trend direction for NUVEEN PREFERED & INCOME OPP (JPC) is Bearish.
What is the RSI signal for JPC stock?
NUVEEN PREFERED & INCOME OPP (JPC) has an RSI value of 47.0902. This indicates that the stock is currently neutral.
What are the support and resistance levels for NUVEEN PREFERED & INCOME OPP (JPC) stock?
NUVEEN PREFERED & INCOME OPP (JPC) has a support level at 8.02 and a resistance level at 8.12. Check the full technical report for our detailed analysis of JPC support and resistance levels.