NUVEEN PREFERED & INCOME OPP (JPC) Technical Analysis
NYSE:JPC • US67073B1061
Current stock price
JPC Technical Rating and Analysis
Taking everything into account, JPC scores 3 out of 10 in our technical rating. In the past year, JPC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 62% of all other stocks performed better in the past year than JPC.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- 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.
- In the last month JPC has a been trading in the 7.55 - 8.06 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- JPC has an average volume of 1138180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
JPC Weekly and Daily overview Charts
JPC Setup Rating and Analysis
The technical rating of JPC is bad and it also does not present a 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
JPC Support and Resistance Analysis
7.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.90 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.41 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.09 to 8.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
JPC 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 | NEUTRAL | NEUTRAL | The long term trend for JPC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JPC is up. |
| ChartMill Relative Strength | 38.61 | NEUTRAL | JPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JPC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.91 | NEUTRAL | The RSI value for JPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests JPC has a positive trend. |
| Stochastics (14,3) | 72.42 | NEUTRAL | The Stochastics value for JPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for JPC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for JPC suggests a weak or negative trend. |
JPC Chart- and CandleStick Pattern Analysis
JPC Technicals: Chart, Performance Metrics, Trend & Indicators
8.02
+0.04 (+0.5%)
NUVEEN PREFERED & INCOME OPP / JPC TA FAQ
What is the technical rating for JPC stock?
ChartMill assigns a technical rating of 3 / 10 to JPC.
What is the trend direction for JPC stock?
The current trend direction for NUVEEN PREFERED & INCOME OPP (JPC) is Bearish.
What is the RSI signal for NUVEEN PREFERED & INCOME OPP (JPC) stock?
NUVEEN PREFERED & INCOME OPP (JPC) has an RSI value of 57.9109. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NUVEEN PREFERED & INCOME OPP?
The short term momentum for NUVEEN PREFERED & INCOME OPP (JPC) is positive.