Nuveen Preferred and Income Fund (JPT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JPT - US67075T1051
Taking everything into account, JPT scores 4 out of 10 in our technical rating. 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 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
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. |
Nuveen Preferred and Income Fund
NYSE:JPT (11/3/2023, 8:05:40 PM)
15.87
+0.11 (+0.7%)
Nuveen Preferred and Income Fund / JPT FAQ
Can you provide the ChartMill technical rating for Nuveen Preferred and Income Fund?
ChartMill assigns a technical rating of 4 / 10 to JPT.
What is the current trend direction of Nuveen Preferred and Income Fund (JPT) stock?
The current trend direction for Nuveen Preferred and Income Fund (JPT) is Bearish.
What is the RSI signal for Nuveen Preferred and Income Fund (JPT) stock?
Nuveen Preferred and Income Fund (JPT) has an RSI value of 64.827. This indicates that the stock is currently neutral.
What is the MACD signal for Nuveen Preferred and Income Fund (JPT) stock?
The MACD indicator for Nuveen Preferred and Income Fund (JPT) has a value of 0.114986, indicating a bearish trend.