JHD.L Forecast and Technical Stock Analysis
Sell candidate since 2019-08-15 Loss -1.17%
Nuveen High Income December 2019 Target Term Fund Com fell by -1.17% in the last day ( Friday, 16th Aug 2019 ) from £5.14 to £5.08 and has now fallen 4 days in a row. During the day the stock fluctuated 5.65% from a day low at £4.96 to a day high of £5.24. The price has fallen in 5 of the last 10 days and is down by -0.39% for this period. Volume has increased in the last day by 6 157 shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 39 417 shares bought and sold for approximately £200 238.00.
- 30 day high of the JHD.L stock price was £5.30 and low was £4.90.
- 90 day high was £5.32 and low was £4.90.
- 52 week high for Nuveen High Income December 2019 Target Term Fund Com - £478.00 and low - £3.65.
Nuveen High Income December 2019 Target Term Fund Com is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Nuveen High Income December 2019 Target Term Fund Com with a 90% probability to be traded between £4.88 and £5.22 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
There are few to none technical positive signals at the moment. Nuveen High Income December 2019 Target Term Fund Com holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at £5.17 and £5.12. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday August 13, 2019, which indicates further falls until a new bottom pivot has been found. Nuveen High Income December 2019 Target Term Fund Com gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 47 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Nuveen High Income December 2019 Target Term Fund Com finds support from accumulated volume at £5.06.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £0.28 (5.65%) between high and low. For the last week, the stock has had daily average volatility of 3.97%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.97 %Average volatility
Very Low Low Medium High Very High
Nuveen High Income December 2019 Target Term Fund Com holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!