Technical Analysis for JQC - Nuveen Credit Strategies Income Fund Shares of Beneficial Interest

Grade Last Price % Change Price Change
A 5.64 0.36% 0.02
JQC closed up 0.36 percent on Monday, May 6, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.36%
Pocket Pivot Bullish Swing Setup 0.36%
New 52 Week High Strength 0.36%

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Profile

Nuveen Credit Strategies Income Fund Shares of Beneficial Interest Description

Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is managed by Symphony Asset Management, LLC. It invests in the fixed income and public equity markets of the United States. The fund invests in preferred securities, convertible securities and related instruments. It seeks to invest in investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach based on factors such as interest rate levels, conditions and developing trends in the bond and equity markets, analysis of relative valuations for preferred, convertible and other debt instruments, and other economic and market factors, including the overall outlook for the economy and inflation to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Aggregate Bond Index. The fund was formerly known as Nuveen Multi-Strategy Income & Growth Fund 2. Nuveen Credit Strategies Income Fund was formed on March 17, 2003 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Bond Nuveen Inflation Tiaa Growth Fund Nuveen Multi Strategy Income & Growth Fund

Is JQC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 5.64
52 Week Low 4.3261
Average Volume 570,835
200-Day Moving Average 5.00
50-Day Moving Average 5.48
20-Day Moving Average 5.49
10-Day Moving Average 5.54
Average True Range 0.06
RSI (14) 68.35
ADX 20.44
+DI 30.54
-DI 15.23
Chandelier Exit (Long, 3 ATRs) 5.46
Chandelier Exit (Short, 3 ATRs) 5.48
Upper Bollinger Bands 5.65
Lower Bollinger Band 5.34
Percent B (%b) 0.97
BandWidth 5.67
MACD Line 0.04
MACD Signal Line 0.02
MACD Histogram 0.0181
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.70
Resistance 3 (R3) 5.69 5.67 5.69
Resistance 2 (R2) 5.67 5.65 5.67 5.69
Resistance 1 (R1) 5.65 5.64 5.66 5.66 5.68
Pivot Point 5.63 5.63 5.63 5.63 5.63
Support 1 (S1) 5.61 5.61 5.62 5.62 5.60
Support 2 (S2) 5.59 5.60 5.59 5.59
Support 3 (S3) 5.57 5.59 5.59
Support 4 (S4) 5.58