NUVEEN PREFERED & INCOME OPP (JPC)
US67073B1061
We assign a technical rating of 8 out of 10 to JPC. Although JPC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
JPC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so JPC is leading the market.
Looking at the yearly performance, JPC did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month JPC has a been trading in a tight range between 7.44 and 7.80.
Besides having an excellent technical rating, JPC also presents 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 7.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JPC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.00
7.89
5 important support areas can be observed.
- A support zone ranging from 7.56 to 7.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.30 to 7.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.14 to 7.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.79 to 6.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.81 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.58
Mansfield-0.14
10 Day High7.74
10 Day Low7.47
20 Day High7.8
20 Day Low7.44
52 Week High7.8
52 Week Low5.94
Performance
1 Week0.8%
2 Weeks-2.69%
1 Month1.74%
3 Month8.27%
6 Month5.27%
12 Month16.06%
2 Year-7.44%
3 Year-24.1%
5 Year-23.41%
10 Year-18.74%
15 Year24.43%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)57.81
LBB7.44
UBB7.74
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.75 | 7.55 | 0.20 (2.58%) | 25.00% |
| An entry @7.75. This is a Buy Stop order right above the 10 day high. | An exit @7.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 2.58%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NUVEEN PREFERED & INCOME OPP
NYSE:JPC (7/26/2024, 7:04:00 PM)
After market: 7.63 +0.04 (+0.53%)7.59
+0.01 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week0.8%
2 Weeks-2.69%
1 Month1.74%
3 Month8.27%
6 Month5.27%
12 Month16.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%1.13%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.74
10 Day Low7.47
20 Day High7.8
20 Day Low7.44
52 Week High7.8
52 Week Low5.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume725.60K
Volume Incr-29.91%
Vol(5)900.74K
Vol(50)997.98K