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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Nuveen Floating Rate Income Fund (NYSE:JFR)

Bear Market Rally (-75) - JFR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JFR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid JFR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JFR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low JFR Price Change
7.99 8.15 7.93 8.12 +0.18
Entry Signal

MarketClub’s Trade Triangles for JFR

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 7.910

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 8.420

short term up The short-term trend has been UP since Mar 21st, 2023 at 7.895

Smart Scan Analysis for JFR

Based on our trend formula, JFR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for JFR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.99 8.15 7.93 8.12 +0.18
Prev. Close Volume Bid Ask Time
8.12 515541 2023-03-22 15:59:50
Year High11.32Year High Date2018-01-04
Year Low9.64Year Low Date2018-11-27
52wk High10.2552wk High Date2022-04-04
52wk Low7.6952wk Low Date2023-03-17
Year End Close12.19Average Volume217,524
Shares Outstanding10,996Market Cap550M
P/E Ratio14.1786Beta-1.10000000
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