After completing its last trading session, Nuveen Short Duration Credit Opportunities Fund (JSD) dropped by -0.3% – here is what that looked like (as of 2019-10-29):
Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 33.379, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.065, an Accumulation/Distribution Index (ADI) of 0.065, an On-Balance Volume (OBV) of 94.264, and a Chaiikin Money Flow (CMF) of -14.76. 5.0
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Nuveen Short Duration Credit Opportunities Fund (JSD). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
2335 Holt Street, SAINT CROIX IN 47576