RSI low/high Values: [ 25 - 75 ]
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AI Analysis of JCE
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Nuveen Core Equity Alpha Fund stock price up 0.577% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 01, 2024 Gain 4.65% PDF

The Nuveen Core Equity Alpha Fund stock price gained 0.577% on the last trading day (Wednesday, 27th Mar 2024), rising from $13.87 to $13.95. During the last trading day the stock fluctuated 0.793% from a day low at $13.87 to a day high of $13.98. The price has risen in 6 of the last 10 days but is still down by -2.24% for this period. Volume fell on the last day by -9 thousand shares and in total, 63 thousand shares were bought and sold for approximately $877.94 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.46% during the next 3 months and, with a 90% probability hold a price between $14.52 and $15.34 at the end of this 3-month period.

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JCE Signals & Forecast

A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -2.24%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Nuveen Core Equity Alpha Fund stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $13.82 and $13.83. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Friday, February 02, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, February 02, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Nuveen Core Equity Alpha Fund stock

Nuveen Core Equity Alpha Fund finds support from accumulated volume at $13.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.110 between high and low, or 0.793%. For the last week the stock has had daily average volatility of 0.739%

Our recommended stop-loss: $13.39 (-4.03%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (JCE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Nuveen Core Equity Alpha Fund to open at $13.93, and during the day (based on 14 day Average True Range), to move between $13.80 and $14.10, which gives a possible trading interval of +/-$0.152 (+/-1.09%) up or down from last closing price. If Nuveen Core Equity Alpha Fund takes out the full calculated possible swing range there will be an estimated 2.18% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $13.98 (0.22%) than the support at $13.80 (1.08%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Nuveen Core Equity Alpha Fund stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.266 Buy Candidate Unchanged

Predicted Opening Price for Nuveen Core Equity Alpha Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$13.93 ( 0.119%) $13.95

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for JCE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.04 0.669 %
R2 14.00 0.368 %
R1 13.98 0.182 %
Current price: 13.95
Support S1 13.89 -0.421 %
S2 13.87 -0.607 %
S3 13.82 -0.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.27 2.29 %
R2 14.01 0.430 %
R1 13.98 0.215 %
Current price 13.95
Support S1 13.80 -1.08%
S2 13.79 -1.15%
S3 13.26 -4.95%

JCE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.320 2.29%
2 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.320 2.36%
3 Sep 01, 2023 Sep 14, 2023 Oct 02, 2023 $0.320 2.58%
4 Jun 01, 2023 Jun 14, 2023 Jul 03, 2023 $0.320 2.51%
5 Mar 01, 2023 Mar 14, 2023 Apr 03, 2023 $0.320 2.58%

FAQ

What is the symbol for Nuveen Core Equity Alpha Fund Stock and on which exchange is it traded?
The symbol for Nuveen Core Equity Alpha Fund is JCE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Nuveen Core Equity Alpha Fund Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Nuveen Core Equity Alpha Fund Stock?
Nuveen Core Equity Alpha Fund Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nuveen Core Equity Alpha Fund Stock.

What's the current price of Nuveen Core Equity Alpha Fund Stock?
As of the end of day on the 2024-03-27, the price of an Nuveen Core Equity Alpha Fund (JCE) share was $13.95.

What is the 52-week high and low for Nuveen Core Equity Alpha Fund Stock?
The 52-week high for Nuveen Core Equity Alpha Fund Stock is $14.28 and the 52-week low is $11.64.

What is the market capitalization of Nuveen Core Equity Alpha Fund Stock?
As of the 2024-03-27, the market capitalization of Nuveen Core Equity Alpha Fund is 223.238M.
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About Nuveen Core Equity Alpha Fund

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options. It invests in stocks of companies operating across diversified sectors. It ... JCE Profile

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