NUVEEN CREDIT STRATEGIES INC (JQC)

US67073D1028

5.43  -0.04 (-0.73%)

After market: 5.43 0 (0%)

Technical Rating and Analysis

8

Overall JQC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JQC is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
JQC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, JQC outperforms 54% of them, which is more or less in line with the market.
In the last month JQC has a been trading in a tight range between 5.24 and 5.48.
Weekly and Daily overview Charts
JQC Weekly chart
JQC Daily chart
Setup Rating and Analysis

8

JQC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.40, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

4.77

5.53

4 important support areas can be observed.

  • A support zone ranging from 5.38 to 5.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @5.13 from a horizontal line in the daily time frame.
  • A support zone ranging from 4.95 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 4.82 to 4.85. 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 5.44 to 5.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.18
Mansfield-0.75
10 Day High5.48
10 Day Low5.33
20 Day High5.48
20 Day Low5.24
52 Week High5.48
52 Week Low4.82
Performance
1 Week0.93%
2 Weeks1.12%
1 Month3.23%
3 Month7.1%
6 Month6.26%
12 Month2.45%
2 Year-11.56%
3 Year-15.55%
5 Year-30.74%
10 Year-43.5%
15 Year39.59%
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
RSI(14)59.79
LBB5.32
UBB5.46
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
5.495.370.12 (2.19%)25.00%
An entry @5.49. This is a Buy Stop order right above the resistance zone.An exit @5.37. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.12 points, which is 2.19%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%.

  • 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.
JQC Daily chart

NUVEEN CREDIT STRATEGIES INC

NYSE:JQC (2/23/2024, 7:04:00 PM)

After market: 5.43 0 (0%)

5.43

-0.04 (-0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.73%
1 Week0.93%
2 Weeks1.12%
1 Month3.23%
3 Month7.1%
6 Month6.26%
12 Month2.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%1.05%
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 High5.48
10 Day Low5.33
20 Day High5.48
20 Day Low5.24
52 Week High5.48
52 Week Low4.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume482.20K
Volume Incr-14.2%
Vol(5)598.12K
Vol(50)765.93K