NUVEEN PREFERED & INCOME OPP (JPC) Stock Technical Analysis
NYSE:JPC - New York Stock Exchange, Inc. - US67073B1061 - Currency: USD
We assign a technical rating of 5 out of 10 to JPC. In the last year, JPC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
JPC 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 JPC is lagging the market slightly.
When comparing the performance of all stocks over the past year, JPC turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
In the last month JPC has a been trading in a tight range between 7.97 and 8.13.
JPC has an average technical rating and it also does not offer a high quality setup 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
6.97
8.32
3 important support areas can be observed.
- A support zone ranging from 7.77 to 7.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.42 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 8.03 to 8.24. 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 | UP | POSITIVE | The long term trend for JPC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JPC is neutral. |
| ChartMill Relative Strength | 47.91 | NEUTRAL | JPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JPC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of JPC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.16 | NEUTRAL | The RSI value for JPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests JPC has a negative trend. |
| Stochastics (14,3) | 47.58 | NEUTRAL | The Stochastics value for JPC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for JPC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.42 | NEGATIVE | The low ADX value for JPC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.03
-0.07 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week-0.5%
2 Weeks-0.25%
1 Month0%
3 Month1.77%
6 Month-0.12%
12 Month4.02%
2 Year23.16%
3 Year1.01%
5 Year-8.65%
10 Year-11.27%
15 Year0.25%
Volatility
ATR(14)0.04
ATR(20)%0.46%
ATR Inc22.35%
Range Today0.06
ADR(20)0.04
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.91
Mansfield-0.8
10 Day High8.13
10 Day Low8.03
20 Day High8.13
20 Day Low7.97
52 Week High8.24
52 Week Low6.79
CS1 End7.83
CR1 Start8.03
Volume & EV
DER(3)-1.14%
DER(5)0.45%
Volume669.20K
Volume Incr21.09%
Vol(5)779.68K
Vol(50)742.57K