NUVEEN CREDIT STRATEGIES INC (JQC) Technical Analysis
NYSE:JQC • US67073D1028
Current stock price
JQC Technical Rating and Analysis
Taking everything into account, JQC scores 0 out of 10 in our technical rating. JQC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 70% of all other stocks performed better in the past year than JQC.
- JQC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JQC is lagging the market.
- In the last month JQC has a been trading in the 4.69 - 4.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
JQC Weekly and Daily overview Charts
JQC Setup Rating and Analysis
The technical rating of JQC is bad and it also does not present a 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
JQC Support and Resistance Analysis
4.65
When analyzing the support we notice one important area.
- A support zone ranging from 4.70 to 4.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.95 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.14 to 5.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.54 to 5.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
JQC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for JQC is down. |
| ChartMill Relative Strength | 30.42 | NEUTRAL | JQC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of JQC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JQC is below 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) | 49.17 | 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. |
| Stochastics (14,3) | 53.53 | NEUTRAL | The Stochastics value for JQC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for JQC suggests low volalility. |
| Average Directional Index/ADX (14) | 38.17 | POSITIVE | The high ADX value value for JQC suggests a strong trend. |
JQC Chart- and CandleStick Pattern Analysis
JQC Technicals: Chart, Performance Metrics, Trend & Indicators
4.86
+0.09 (+1.89%)
NUVEEN CREDIT STRATEGIES INC / JQC TA FAQ
Can you provide the ChartMill technical rating for NUVEEN CREDIT STRATEGIES INC?
ChartMill assigns a technical rating of 0 / 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 49.1696. 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 negative.
What are the support and resistance levels for NUVEEN CREDIT STRATEGIES INC (JQC) stock?
NUVEEN CREDIT STRATEGIES INC (JQC) has a support level at 4.7 and a resistance level at 4.95. Check the full technical report for our detailed analysis of JQC support and resistance levels.