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Nuveen Floating Rate Income Fund

JFR Technical Analysis Summary (NYSE)

Analyze JFR on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

JFR●NYSE
Financial ServicesAsset Management
$7.42
$0.11(1.46%)
U.S. Market is Open · 15:35

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

JFR Technical Analysis Summary (NYSE)

Nuveen Floating Rate Income Fund (NYSE: JFR) stock currently shows a bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.03)
Trend Strength:Moderate (ADX: 24.15)
Volatility:Low (ATR: 0.07)
Support/Resistance:$7.44 – $7.72 (Bollinger Bands)

Technical conditions suggest Nuveen Floating Rate Income Fund on the NYSE is awaiting a decisive move. Technical conditions suggest Nuveen Floating Rate Income Fund is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.08

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.62

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.73

Bearish
Selling pressure outweighs buying.

Takeaway:Nuveen Floating Rate Income Fund shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.15

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): -92.89

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nuveen Floating Rate Income Fund shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.72
Middle Band (SMA 20)
$7.58
Lower Band
$7.44
Current Position
Below Lower Band

Takeaway:Nuveen Floating Rate Income Fund trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$7.71
Middle Line (EMA 20)
$7.57
Lower Channel
$7.43
Squeeze Status
Squeeze On

Takeaway:Nuveen Floating Rate Income Fund trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume2.40M
Money Flow Index42.53Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.67Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:JFR shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Nuveen Floating Rate Income Fund (NYSE: JFR), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Nuveen Floating Rate Income Fund are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: JFR) Technical Analysis FAQ