RSI low/high Values: [ 25 - 75 ]
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AI Analysis of JGH
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Nuveen Global High Income Fund Shs stock price ended at $12.92 on Wednesday, after gaining 2.09%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 2.13% PDF

The Nuveen Global High Income Fund Shs stock price gained 2.09% on the last trading day (Wednesday, 27th Mar 2024), rising from $12.66 to $12.92. During the last trading day the stock fluctuated 1.65% from a day low at $12.71 to a day high of $12.92. The price has been going up and down for this period, and there has been a 1.57% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 55 thousand more shares were traded than the day before. In total, 90 thousand shares were bought and sold for approximately $1.17 million.

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 4.18% during the next 3 months and, with a 90% probability hold a price between $12.88 and $13.66 at the end of this 3-month period.

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JGH Signals & Forecast

The Nuveen Global High Income Fund Shs 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 $12.69 and $12.64. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 16, 2024, and so far it has risen 4.28%. Further rise is indicated until a new top pivot has been found. Nuveen Global High Income Fund Shs has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Nuveen Global High Income Fund Shs stock

Nuveen Global High Income Fund Shs finds support from accumulated volume at $12.82 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.210 between high and low, or 1.65%. For the last week the stock has had daily average volatility of 0.91%.

Our recommended stop-loss: $12.25 (-5.16%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Nuveen Global High Income Fund Shs to open at $12.85, and during the day (based on 14 day Average True Range), to move between $12.79 and $13.05, which gives a possible trading interval of +/-$0.132 (+/-1.02%) up or down from last closing price. If Nuveen Global High Income Fund Shs takes out the full calculated possible swing range there will be an estimated 2.04% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $12.82, some $0.1000 (0.77%) from the current price of $12.92, our system finds the risk reward attractive.

Is Nuveen Global High Income Fund Shs stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nuveen Global High Income Fund Shs stock to perform well in the short-term.

Current score: 3.365 Buy Candidate Unchanged

Predicted Opening Price for Nuveen Global High Income Fund Shs of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$12.85 ( 0.542%) $12.92

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

Trading levels for JGH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 13.06 1.08 %
R2 12.98 0.463 %
R1 12.93 0.0791 %
Current price: 12.92
Support S1 12.77 -1.16 %
S2 12.72 -1.55 %
S3 12.64 -2.17 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 12.92
Support S1 12.82 -0.774%
S2 12.70 -1.70%
S3 12.61 -2.40%

JGH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.104 0.80%
2 Feb 01, 2024 Feb 14, 2024 Mar 01, 2024 $0.104 0.81%
3 Jan 02, 2024 Jan 11, 2024 Feb 01, 2024 $0.104 0.81%
4 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.104 0.85%
5 Nov 01, 2023 Nov 14, 2023 Dec 01, 2023 $0.104 0.91%

FAQ

What is the symbol for Nuveen Global High Income Fund Shs Stock and on which exchange is it traded?
The symbol for Nuveen Global High Income Fund Shs is JGH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Nuveen Global High Income Fund Shs Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nuveen Global High Income Fund Shs stock to perform well in the short-term.

How to buy Nuveen Global High Income Fund Shs Stock?
Nuveen Global High Income Fund Shs 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 Global High Income Fund Shs Stock.

What's the current price of Nuveen Global High Income Fund Shs Stock?
As of the end of day on the 2024-03-27, the price of an Nuveen Global High Income Fund Shs (JGH) share was $12.92.

What is the 52-week high and low for Nuveen Global High Income Fund Shs Stock?
The 52-week high for Nuveen Global High Income Fund Shs Stock is $12.92 and the 52-week low is $10.36.

What is the market capitalization of Nuveen Global High Income Fund Shs Stock?
As of the 2024-03-27, the market capitalization of Nuveen Global High Income Fund Shs is 293.31M.
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About Nuveen Global High Income Fund Shs

Nuveen Global High Income Fund is a closed-ended fixed income 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 fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and ... JGH Profile

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