NUVEEN PREFERRED & INCOME OP (JPC)       7.96  -0.06 (-0.75%)

7.96  -0.06 (-0.75%)

US67073B1061

Technical Rating

8

Overall JPC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JPC is only an average performer.



The long and short term trends are both positive. This is looking good!
In the last month JPC has a been trading in the 7.41 - 8.13 range, which is quite wide. It is currently trading near the high of this range.
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 40% of all stocks.
JPC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 7.42% 10.10% -1.49% -12.53% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 40.95 6.59 - 9.15
JPC Weekly chart
JPC Daily chart

Support/Resistance Analysis


7.04

8.31
When analyzing the support we can see 3 important areas.
  • A support zone ranging from 7.71 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.53 to 7.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.11 to 7.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
  • A resistance zone ranging from 7.97 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.23 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

3

Although JPC has an excellent technical rating, it 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.


JPC Daily chart

NUVEEN PREFERRED & INCOME OP7.96

NYSE:JPC (2/3/2023, 7:04:00 PM)-0.06 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today -0.75% 1 Week 2.31%
2 Weeks 3.65% 1 Month 7.42%
3 Month 10.1% 6 Month -1.49%

Volatility
ATR(14) 0.1 ATR(20)% 1.19%
ATR Inc 15.61% Range Today 0.11

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 40.95 Mansfield -0.03
10 Day High 8.13 10 Day Low 7.61
20 Day High 8.13 20 Day Low 7.41
52 Week High 9.15 52 Week Low 6.59
CS1 End 7.93 CR1 Start 7.97

Volume & EV
DER(3) -0.92% DER(5) 0.57%
Volume 278.20K Volume Incr 18.29%
Vol(5) 344.24K Vol(50) 297.03K

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