NUVEEN CREDIT STRATEGIES INC (JQC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JQC - US67073D1028
Taking everything into account, JQC scores 2 out of 10 in our technical rating. In the past year, JQC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
JQC has a poor technical rating and the quality of the setup is also only medium 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
4.77
We found 2 important support areas.
- A support zone ranging from 4.95 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.82 to 4.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.09 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.50 to 5.58. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for JQC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JQC is up. |
| ChartMill Relative Strength | 22.84 | NEGATIVE | JQC has a low relative strength, it was outperformed by 77.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JQC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JQC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JQC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for JQC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests JQC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.58 | NEUTRAL | The Stochastics value for JQC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for JQC suggests low volalility. |
| Average Directional Index/ADX (14) | 19.31 | NEGATIVE | The low ADX value for JQC suggests a weak or negative trend. |
5.09
-0.02 (-0.39%)
NUVEEN CREDIT STRATEGIES INC / JQC FAQ
Can you provide the ChartMill technical rating for NUVEEN CREDIT STRATEGIES INC?
ChartMill assigns a technical rating of 2 / 10 to JQC.
Can you provide the trend direction for NUVEEN CREDIT STRATEGIES INC?
The current trend direction for NUVEEN CREDIT STRATEGIES INC (JQC) is Bearish.
Can you provide the RSI signal for NUVEEN CREDIT STRATEGIES INC?
NUVEEN CREDIT STRATEGIES INC (JQC) has an RSI value of 56.6875. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NUVEEN CREDIT STRATEGIES INC?
The short term momentum for NUVEEN CREDIT STRATEGIES INC (JQC) is positive.
What are the support and resistance levels for NUVEEN CREDIT STRATEGIES INC (JQC) stock?
NUVEEN CREDIT STRATEGIES INC (JQC) has a support level at 5.06 and a resistance level at 5.09. Check the full technical report for our detailed analysis of JQC support and resistance levels.