Stock Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Nuveen Floating Rate, Inc Opportunities (NYSE:JRO)
Countertrend Up (+85) - JRO 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 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.
MarketClub’s Trade Triangles for JRO
The long-term trend has been UP since Sep 2nd, 2020 at 8.235
The intermediate-term trend has been UP since Nov 9th, 2020 at 8.130
The short-term trend has been DOWN since Mar 4th, 2021 at 9.230
Smart Scan Analysis for JRO
Based on our trend formula, JRO is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.48||Year High Date||2018-01-02|
|Year Low||9.62||Year Low Date||2018-11-23|
|52wk High||9.6||52wk High Date||2020-03-05|
|52wk Low||5.33||52wk Low Date||2020-03-19|
|Year End Close||12.25||Average Volume||441,366|
|Shares Outstanding||6,890||Market Cap||391M|