NUVEEN REAL ESTATE INCOME (JRS) Stock Technical Analysis
NYSE:JRS - US67071B1089
8.08 USD
+0.06 (+0.75%)
8.04 USD
-0.04 (-0.5%)
We assign a technical rating of 5 out of 10 to JRS. JRS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
79% of all other stocks performed better in the past year than JRS.
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 JRS has a been trading in the 7.55 - 8.12 range, which is quite wide. It is currently trading near the high of this range.
JRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JRS is lagging the market.
JRS has an average technical rating and also the quality of the setup is 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
7.05
8.36
4 important support areas can be observed.
- A support zone ranging from 8.02 to 8.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.64 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.45 from a trend line in the weekly time frame.
- A support zone ranging from 7.12 to 7.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.09 to 8.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.28 from a horizontal line in the daily 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 JRS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JRS is up. |
| ChartMill Relative Strength | 21.96 | NEGATIVE | JRS has a low relative strength, it was outperformed by 78.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.59 | NEUTRAL | The RSI value for JRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests JRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.24 | OVERBOUGHT | The high Stochastics value suggests JRS may be overbought. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for JRS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for JRS 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)
8.08
+0.06 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.75%
1 Week0.37%
2 Weeks2.93%
1 Month5.62%
3 Month1.38%
6 Month-5.5%
12 Month-10.12%
2 Year20.6%
3 Year4.53%
5 Year7.02%
10 Year-19.6%
15 Year-20.08%
Volatility
ATR(14)0.11
ATR(20)%1.31%
ATR Inc-35.48%
Range Today0.06
ADR(20)0.1
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.96
Mansfield-1.19
10 Day High8.12
10 Day Low7.77
20 Day High8.12
20 Day Low7.55
52 Week High9.69
52 Week Low6.56
CS1 End8.02
CR1 Start8.09
Volume & EV
DER(3)2%
DER(5)0.99%
Volume54.00K
Volume Incr-15.95%
Vol(5)69.06K
Vol(50)89.42K