NUVEEN PREFERED & INCOME OPP (JPC) Stock Technical Analysis
USA - NYSE:JPC - US67073B1061
8.15 USD
-0.01 (-0.12%)
8.15 USD
0 (0%)
Overall JPC gets a technical rating of 4 out of 10. JPC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, JPC outperforms 45% of them, which is more or less in line with the market.
In the last month JPC has a been trading in a tight range between 8.02 and 8.29.
JPC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.97
8.38
We found 4 important support areas.
- A support zone ranging from 7.98 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.77 from a horizontal line in the daily time frame.
- Support @7.31 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 8.17 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 | UP | POSITIVE | The long term trend for JPC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JPC is down. |
| ChartMill Relative Strength | 45.5 | 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 | POSITIVE | The current price of JPC is above the rising 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) | 48.48 | 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. |
| Stochastics (14,3) | 57.58 | NEUTRAL | The Stochastics value for JPC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for JPC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for JPC suggests a possible start of a new 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)
8.15
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week-0.61%
2 Weeks-0.97%
1 Month-1.33%
3 Month1.49%
6 Month10.73%
12 Month1.37%
2 Year34.49%
3 Year10.58%
5 Year-1.81%
10 Year-12.37%
15 Year-4.34%
Volatility
ATR(14)0.06
ATR(20)%0.74%
ATR Inc-10.93%
Range Today0.06
ADR(20)0.06
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.5
Mansfield-0.77
10 Day High8.24
10 Day Low8.09
20 Day High8.29
20 Day Low8.02
52 Week High8.29
52 Week Low6.79
CS1 End8.14
CR1 Start8.17
Volume & EV
DER(3)2.32%
DER(5)1.07%
Volume1.03M
Volume Incr11.89%
Vol(5)1.12M
Vol(50)962.66K