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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Nuveen Floating Rate Income Fund (NYSE:JFR)
Long-Term Uptrend (+90) - JFR is in a strong uptrend that is likely to continue. While JFR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for JFR
The long-term trend has been UP since Jan 2nd, 2024 at 8.205
The intermediate-term trend has been UP since Jul 9th, 2024 at 8.840
The short-term trend has been UP since Jul 22nd, 2024 at 8.820
Smart Scan Analysis for JFR
Based on our trend formula, JFR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.880 | 8.880 | 8.790 | 8.805 | -0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.840 | 474062 | 2024-07-26 15:59:47 |
| Year High | 11.32 | Year High Date | 2018-01-04 |
| Year Low | 9.64 | Year Low Date | 2018-11-27 |
| 52wk High | 8.89 | 52wk High Date | 2024-07-10 |
| 52wk Low | 7.61 | 52wk Low Date | 2023-10-26 |
| Year End Close | 12.19 | Average Volume | 529,331 |
| Shares Outstanding | 10,996 | Market Cap | 550M |
| Assets | 910,305,650M | Liabilities | 380,449,327M |
| P/E Ratio | 14.125 | Beta | -1.10000000 |
| Volatility | 7.55 |