RSI low/high Values: [ 25 - 75 ]
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AI Analysis of JRI
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Nuveen Real Asset Income and Growth Fund stock downgraded to Sell Candidate
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Nuveen Real Asset Income and Growth Fund stock price fell by -0.753% on the last day (Thursday, 28th Mar 2024) from $11.95 to $11.86. During the last trading day the stock fluctuated 0.93% from a day low at $11.85 to a day high of $11.96. The price has risen in 7 of the last 10 days and is up by 4.49% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -35 thousand shares and in total, 89 thousand shares were bought and sold for approximately $1.05 million.

The stock lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $11.94 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -2.50% during the next 3 months and, with a 90% probability hold a price between $10.96 and $11.65 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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JRI Signals & Forecast

The Nuveen Real Asset Income and Growth Fund stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $11.71 and $11.52. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.753%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The stock had a Golden Star Signal on Wednesday, March 20, 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 Wednesday, March 20, 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 Real Asset Income and Growth Fund stock

Nuveen Real Asset Income and Growth Fund finds support from accumulated volume at $11.69 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 0.93%. For the last week the stock has had daily average volatility of 1.26%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (JRI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Nuveen Real Asset Income and Growth Fund to open at $11.89, and during the day (based on 14 day Average True Range), to move between $11.74 and $11.98, which gives a possible trading interval of +/-$0.118 (+/-1.00%) up or down from last closing price. If Nuveen Real Asset Income and Growth Fund takes out the full calculated possible swing range there will be an estimated 1.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.87 (0.08%) than the support at $11.69 (1.43%), 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 Real Asset Income and Growth Fund stock A Buy?

Nuveen Real Asset Income and Growth Fund holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.429 Sell Candidate Downgraded

Predicted Opening Price for Nuveen Real Asset Income and Growth Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.89 ( 0.253%) $11.86

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

Trading levels for JRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.00 1.18 %
R2 11.96 0.83 %
R1 11.93 0.607 %
Current price: 11.86
Support S1 11.85 -0.101 %
S2 11.82 -0.320 %
S3 11.78 -0.675 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.95 0.759 %
R2 11.93 0.590 %
R1 11.87 0.0843 %
Current price 11.86
Support S1 11.69 -1.43%
S2 11.49 -3.12%
S3 11.41 -3.79%

JRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.100 0.84%
2 Feb 01, 2024 Feb 14, 2024 Mar 01, 2024 $0.100 0.87%
3 Jan 02, 2024 Jan 11, 2024 Feb 01, 2024 $0.100 0.84%
4 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.100 0.85%
5 Nov 01, 2023 Nov 14, 2023 Dec 01, 2023 $0.0870 0.771%

FAQ

What is the symbol for Nuveen Real Asset Income and Growth Fund Stock and on which exchange is it traded?
The symbol for Nuveen Real Asset Income and Growth Fund is JRI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Nuveen Real Asset Income and Growth Fund Stock?
Nuveen Real Asset Income and Growth Fund holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Nuveen Real Asset Income and Growth Fund Stock?
Nuveen Real Asset Income and Growth 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 Real Asset Income and Growth Fund Stock.

What's the current price of Nuveen Real Asset Income and Growth Fund Stock?
As of the end of day on the 2024-03-28, the price of an Nuveen Real Asset Income and Growth Fund (JRI) share was $11.86.

What is the 52-week high and low for Nuveen Real Asset Income and Growth Fund Stock?
The 52-week high for Nuveen Real Asset Income and Growth Fund Stock is $12.12 and the 52-week low is $9.70.

What is the market capitalization of Nuveen Real Asset Income and Growth Fund Stock?
As of the 2024-03-28, the market capitalization of Nuveen Real Asset Income and Growth Fund is 325.162M.
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About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts. It invests in stocks of companies operating in real estate sector. For the fixed income portion of its portfolio the fund invest ... JRI Profile

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