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Stock Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

Nuveen Floating Rate Income Fund (NYSE:JFR)

Countertrend Up (+85) - JFR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
8.250 8.250 8.170 8.195 +0.005
Entry Signal

MarketClub’s Trade Triangles for JFR

long term up The long-term trend has been UP since Sep 5th, 2023 at 8.19

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2023 at 7.95

short term down The short-term trend has been DOWN since Sep 27th, 2023 at 8.11

Smart Scan Analysis for JFR

Based on our trend formula, JFR is rated as a +85 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
8.250 8.250 8.170 8.195 +0.005
Prev. Close Volume Bid Ask Time
8.190 1025741 2023-09-29 15:59:56
Year High11.32Year High Date2018-01-04
Year Low9.64Year Low Date2018-11-27
52wk High8.7652wk High Date2023-02-09
52wk Low7.6952wk Low Date2023-03-17
Year End Close12.19Average Volume504,547
Shares Outstanding10,996Market Cap550M
P/E Ratio14.125Beta-1.10000000
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