NUVEEN REAL ESTATE INCOME (JRS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:JRS - US67071B1089
Overall JRS gets a technical rating of 2 out of 10. JRS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, JRS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.95, a Stop Loss order could be placed below this zone.
More info and screens
7.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.64 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.00 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.28 to 8.36. 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 JRS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JRS is neutral. |
| ChartMill Relative Strength | 25.03 | NEGATIVE | JRS has a low relative strength, it was outperformed by 74.97% 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) | DOWN | NEGATIVE | The current price of JRS is below a declining 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) | 54.36 | NEUTRAL | The RSI value for JRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests JRS has a positive trend. |
| Stochastics (14,3) | 51.33 | NEUTRAL | The Stochastics value for JRS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for JRS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for JRS suggests a possible start of a new trend. |
7.96
+0.08 (+1.02%)
NUVEEN REAL ESTATE INCOME / JRS FAQ
What is the technical rating for JRS stock?
ChartMill assigns a technical rating of 2 / 10 to JRS.
What is the current trend direction of NUVEEN REAL ESTATE INCOME (JRS) stock?
The current trend direction for NUVEEN REAL ESTATE INCOME (JRS) is Bearish.
Can you provide the RSI signal for NUVEEN REAL ESTATE INCOME?
NUVEEN REAL ESTATE INCOME (JRS) has an RSI value of 54.3605. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVEEN REAL ESTATE INCOME?
The MACD indicator for NUVEEN REAL ESTATE INCOME (JRS) has a value of 0.0101962, indicating a bearish trend.
Can you provide the short term momentum for NUVEEN REAL ESTATE INCOME?
The short term momentum for NUVEEN REAL ESTATE INCOME (JRS) is neutral.