Our Analysis of Nuveen Preferred and Income Term Fund (NYSE:JPI) (2019-12-26)

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REPORTING FOR 2019-12-26 | WCX19.ORG: We have done an in-depth analysis of how JPI has been trading over the last 2 weeks and the past day especially. On its latest session, Nuveen Preferred and Income Term Fund (NYSE:JPI) opened at 25.5, reaching a high of 25.53 and a low of 25.48 before closing at a price of 25.51. There was a total volume of 13257.

VOLUME INDICATORS FOR NUVEEN PREFERRED AND INCOME TERM FUND (NYSE:JPI): We saw an accumulation-distribution index of 638.25, an on-balance volume of -25.47, chaikin money flow of 2.33333 and a force index of -0.001. There was an ease of movement rating of 5e-05, a volume-price trend of 0.85943 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR NUVEEN PREFERRED AND INCOME TERM FUND (NYSE:JPI): We noted an average true range of 0.14844, bolinger bands of 25.65827, an upper bollinger band of 25.10673, lower bollinger band of 25.48, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 25.50333, high band keltner channel of 25.47333, low band keltner channel of 25.53333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 25.48, a donchian channel low band of 25.48, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR NUVEEN PREFERRED AND INCOME TERM FUND (NYSE:JPI): We calculated a Moving Average Convergence Divergence (MACD) of -0.00437, a MACD signal of -0.00243, a MACD difference of -0.00194, a fast Exponential Moving Average (EMA) indicator of 25.48, a slow Exponential Moving Average (EMA) indicator of 25.48, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.01704, a trix of 2.33696, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.8391, a KST Oscillator (KST) of 34.05301 and a KST Oscillator (KST Signal) of 34.05301 (leaving a KST difference of -1.97842). We also found an Ichimoku rating of 25.515, an Ichimoku B rating of 25.515, a Ichimoku visual trend A of 24.93367, an Ichimoku visual trend B of 25.07246, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR NUVEEN PREFERRED AND INCOME TERM FUND (NYSE:JPI): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 97.67197, a stochastic oscillator of 166.66667, a stochastic oscillator signal of 166.66667, a Williams %R rating of 66.66667 and an awesome oscillator of -0.00049.

RETURNS FOR NUVEEN PREFERRED AND INCOME TERM FUND (NYSE:JPI): There was a daily return of 3.4053, a daily log return of -0.76825 and a cumulative return of -0.76531.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-26 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Nuveen Preferred and Income Term Fund (NYSE:JPI)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Nuveen Preferred and Income Term Fund (NYSE:JPI) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.