Nuveen Tax-Advantaged Total Return (JTA) Stock Technical Analysis
NYSE:JTA - New York Stock Exchange, Inc. -
Overall JTA gets a technical rating of 5 out of 10. In the last year, JTA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
JTA has only a medium technical rating, but it does show a decent setup pattern. 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.
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10.86
We found 1 important support 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.
When analyzing the resistance we notice 2 important 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.
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. |
Nuveen Tax-Advantaged Total Return
NYSE:JTA (11/19/2021, 8:08:12 PM)
11.53
-0.04 (-0.35%)