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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Nuveen Floating Rate Income Fund (NYSE:JFR)
Sidelines Mode (+55) - JFR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 15th, 2024 at 8.610
The short-term trend has been UP since Apr 19th, 2024 at 8.530
Smart Scan Analysis for JFR
Based on our trend formula, JFR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.630 | 8.660 | 8.620 | 8.652 | +0.022 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.630 | 222434 | 2024-04-23 15:52:54 |
| Year High | 11.32 | Year High Date | 2018-01-04 |
| Year Low | 9.64 | Year Low Date | 2018-11-27 |
| 52wk High | 8.82 | 52wk High Date | 2024-03-13 |
| 52wk Low | 7.61 | 52wk Low Date | 2023-10-26 |
| Year End Close | 12.19 | Average Volume | 559,668 |
| 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 |