Nuveen Preferred and Income Fund (JPT) Stock Technical Analysis
NYSE:JPT - US67075T1051
15.87 USD
+0.11 (+0.7%)
Overall JPT gets a technical rating of 4 out of 10. In the past year, JPT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
JPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: JPT has an average volume of 11356 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month JPT has a been trading in the 14.80 - 16.06 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, JPT turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
JPT 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
14.72
18.26
When analyzing the support we notice one important area.
- A support zone ranging from 14.87 to 15.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.02 to 16.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.39 to 16.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.08 from a trend line in the weekly time frame.
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 JPT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JPT is up. |
| ChartMill Relative Strength | 45.81 | NEUTRAL | JPT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JPT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.83 | NEUTRAL | The RSI value for JPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests JPT has a positive trend. |
| Stochastics (14,3) | 79.66 | NEUTRAL | The Stochastics value for JPT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for JPT suggests low volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for JPT 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)
Nuveen Preferred and Income Fund
NYSE:JPT (11/3/2023, 8:05:40 PM)
15.87
+0.11 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.7%
1 Week5.8%
2 Weeks6.44%
1 Month6.01%
3 Month-3.17%
6 Month2.04%
12 Month-10.29%
2 Year-34.56%
3 Year-33.18%
5 Year-26.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.65%
ATR Inc64.42%
Range Today0.32
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.81
Mansfield-0.96
10 Day High16.06
10 Day Low14.8
20 Day High16.06
20 Day Low14.8
52 Week High19.73
52 Week Low14.7
CS1 End15.67
CR1 Start16.02
Volume & EV
DER(3)5.74%
DER(5)4.64%
Volume9.10K
Volume Incr32.38%
Vol(5)12.94K
Vol(50)11.36K