Nuveen Floating Rate Income Fund (JFR) Technical Analysis: Signals, Charts & Indicators

2.51 / 10

Underperform

Technical assessment scores 2.51/10, indicating poor momentum. All five examined indicators—Inverted Hammer, MACD Death Cross, Bullish Engulfing, Marubozu White, and MACD Golden Cross—show bearish or neutral bias with negative average returns. No bullish signals appear, highlighting downside risk.

Analysis Checks(0/5)

MACD Death Cross

Score2.13/10

Win Rate40.00%

Hist. Signals10

Avg Return-0.08%

MACD Golden Cross

Score3.64/10

Win Rate50.00%

Hist. Signals10

Avg Return-0.06%

Inverted Hammer

Score3.52/10

Win Rate50.00%

Hist. Signals2

Avg Return-0.83%

Bullish Engulfing

Score2.01/10

Win Rate40.00%

Hist. Signals5

Avg Return-0.65%

Marubozu White

Score1.25/10

Win Rate37.50%

Hist. Signals16

Avg Return-0.68%

Technical Analysis of JFR?

JFR presents a Underperform setup with a Technical Score of 2.51/10. Key technical indicators highlight an RSI of 44.10 and a MACD of 0.04, with the trend anchored by the 50-Day SMA at 7.60. Traders should monitor key support at 7.40 and resistance at 7.54.