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Stock Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

Nuveen Floating Rate Income Opportuntiy Fund Shares of Beneficial Interest (NYSE:JRO)

Long-Term Downtrend (-90) - JRO is in a strong downtrend that is likely to continue. While JRO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NYSE_JRO
Open High Low JRO Price Change
7.51 7.58 7.51 7.58 +0.06
Entry Signal

MarketClub’s Trade Triangles for JRO

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 7.760

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2023 at 7.890

short term down The short-term trend has been DOWN since May 2nd, 2023 at 7.795

Smart Scan Analysis for JRO

Based on our trend formula, JRO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.51 7.58 7.51 7.58 +0.06
Prev. Close Volume Bid Ask Time
7.58 155179 2023-05-26 15:59:58
Year High11.48Year High Date2018-01-02
Year Low9.62Year Low Date2018-11-23
52wk High8.9852wk High Date2022-08-11
52wk Low7.4552wk Low Date2023-05-23
Year End Close12.25Average Volume246,553
Shares Outstanding6,890Market Cap391M
Assets635,289,752MLiabilities261,748,748M
P/E Ratio13.5357Beta-1.16000000
Volatility10.16
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