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Nuveen Preferred Securities & Income Opportunities Fund's 15min chart shows bullish momentum.
ByAinvest
Friday, May 2, 2025 10:12 am ET1min read
As of May 2, 2023, at 10:00 AM, the 15-minute chart for Nuveen Preferred Securities & Income Opportunities Fund has triggered a golden cross on the KDJ indicator, accompanied by a bullish Marubozu pattern. This shift in momentum indicates a potential increase in stock price, with buyers dominating the market and maintaining control. The bullish momentum is likely to continue as a result of this shift in momentum.
As of May 2, 2023, Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) has declared a monthly dividend of $0.0665 per share. This dividend, payable on June 2, represents a forward yield of 10.26% [1]. Shareholders of record must be on the list by May 15 to receive the dividend, with an ex-dividend date also set for May 15. The fund's dividend scorecard and yield chart can be found on the Nuveen website.In addition to the dividend announcement, technical analysis of the fund's 15-minute chart has revealed a notable shift in momentum. As of May 2, 2025, at 10:00 AM, the KDJ indicator has triggered a golden cross, accompanied by a bullish Marubozu pattern. This combination of indicators suggests a potential increase in stock price, with buyers dominating the market and maintaining control. The bullish momentum is likely to continue, given the recent shift in the technical indicators.
While the dividend and technical indicators provide positive signals for investors, it is essential to consider the fund's overall performance and risks. Despite improvements in the fund's net asset value (NAV), macroeconomic conditions remain a concern. Additionally, it is crucial to note that the fund is not earning its income through traditional means, which could pose risks to long-term investors.
For more information on Nuveen Preferred & Income Opportunities Fund, including its dividend scorecard and yield chart, visit the fund's official website.
References:
[1] https://seekingalpha.com/news/4440053-nuveen-preferred-and-income-opportunities-fund-declares-0_0665-dividend
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