Logo image of JSD

Nuveen Short Duration Credit Opportunities Fund (JSD) Stock Technical Analysis

NYSE:JSD - US67074X1072

11.6 USD
+0.1 (+0.87%)
Last: 7/28/2023, 8:04:00 PM
Technical Rating and Analysis

2

Overall JSD gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. JSD was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, JSD is a bad performer in the overall market: 68% of all stocks are doing better.
JSD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JSD is lagging the market.
In the last month JSD has a been trading in a tight range between 11.39 and 11.71.
Weekly and Daily overview Charts
Nuveen Short Duration Credit Opportunities Fund / JSD Weekly stock chart
Nuveen Short Duration Credit Opportunities Fund / JSD Daily stock chart
Setup Rating and Analysis

8

JSD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JSD in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

11.03

12.75

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 11.40 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.14 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 11.61 to 11.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 11.95 to 12.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 12.58 to 12.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for JSD is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for JSD is neutral.
ChartMill Relative Strength32.73NEUTRALJSD is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of JSD is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of JSD is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of JSD is below a declining SMA(200).
Relative Strength Index/RSI (14)56.88NEUTRALThe RSI value for JSD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests JSD has a negative trend, although the MACD value is rising.
Stochastics (14,3)45.82NEUTRALThe Stochastics value for JSD is a neutral value.
Average True Range in percent/ATR (20)0.72LOW VOLATILITYThe low ATR as a percentage value for JSD suggests low volalility.
Average Directional Index/ADX (14)10.62NEGATIVEThe low ADX value for JSD suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Nuveen Short Duration Credit Opportunities Fund / JSD Daily stock chart

Nuveen Short Duration Credit Opportunities Fund

NYSE:JSD (7/28/2023, 8:04:00 PM)

11.6

+0.1 (+0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.87%
1 Week1.13%
2 Weeks0.69%
1 Month0.87%
3 Month-2.19%
6 Month-5.31%
12 Month-8.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.72%
ATR Inc2.82%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.73
Mansfield-1.43
10 Day High11.61
10 Day Low11.39
20 Day High11.71
20 Day Low11.39
52 Week High13.16
52 Week Low10.89
CS1 End11.56
CR1 Start11.61
Volume & EV
DER(3)6.12%
DER(5)6.73%
Volume40.10K
Volume Incr-17.68%
Vol(5)57.64K
Vol(50)56.98K