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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.
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MarketClub’s Trade Triangles for JRO
The long-term trend has been DOWN since Mar 13th, 2023 at 7.760
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 7.890
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).
| 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 High | 11.48 | Year High Date | 2018-01-02 |
| Year Low | 9.62 | Year Low Date | 2018-11-23 |
| 52wk High | 8.98 | 52wk High Date | 2022-08-11 |
| 52wk Low | 7.45 | 52wk Low Date | 2023-05-23 |
| Year End Close | 12.25 | Average Volume | 246,553 |
| Shares Outstanding | 6,890 | Market Cap | 391M |
| Assets | 635,289,752M | Liabilities | 261,748,748M |
| P/E Ratio | 13.5357 | Beta | -1.16000000 |
| Volatility | 10.16 |