Nuveen Tax-Advantaged Total Return (JTA) Technical Analysis
NYSE:JTA
Current stock price
JTA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to JTA. JTA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: JTA has an average volume of 24123 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that JTA is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, JTA also shows a nice and consistent pattern of rising prices.
- JTA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JTA is lagging the market slightly.
- In the last month JTA has a been trading in a tight range between 11.53 and 11.94.
- Considerably lower volume is observed in the last couple of days.
JTA Weekly and Daily overview Charts
JTA Setup Rating and Analysis
Although the technical rating is only medium, JTA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for JTA 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.
More info and screens
JTA Support and Resistance Analysis
10.86
When analyzing the support we notice one important area.
- A support zone ranging from 10.97 to 11.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.57 to 11.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.05 to 12.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
JTA 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 | UP | POSITIVE | The long term trend for JTA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JTA is neutral. |
| ChartMill Relative Strength | 74.54 | POSITIVE | JTA has a high relative strength, it outperformed 74.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JTA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.59 | NEUTRAL | The RSI value for JTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests JTA has a negative trend. |
| Stochastics (14,3) | 8.94 | OVERSOLD | The low Stochastics value suggests JTA may be oversold. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for JTA suggests low volalility. |
JTA Chart- and CandleStick Pattern Analysis
JTA Technicals: Chart, Performance Metrics, Trend & Indicators
Nuveen Tax-Advantaged Total Return
NYSE:JTA (11/19/2021, 8:08:12 PM)
11.53
-0.04 (-0.35%)
Nuveen Tax-Advantaged Total Return / JTA TA FAQ
What is the technical rating for JTA stock?
ChartMill assigns a technical rating of 5 / 10 to JTA.
Can you provide the trend direction for Nuveen Tax-Advantaged Total Return?
The current trend direction for Nuveen Tax-Advantaged Total Return (JTA) is Bullish.
Can you provide the RSI signal for Nuveen Tax-Advantaged Total Return?
Nuveen Tax-Advantaged Total Return (JTA) has an RSI value of 44.5896. This indicates that the stock is currently neutral.
What is the short term momentum for Nuveen Tax-Advantaged Total Return (JTA) stock?
The short term momentum for Nuveen Tax-Advantaged Total Return (JTA) is neutral.
What is the support and resistance level for JTA stock?
Nuveen Tax-Advantaged Total Return (JTA) has a support level at 11.27 and a resistance level at 11.57. Check the full technical report for our detailed analysis of JTA support and resistance levels.