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JRS
ETF ticker: NYSE
AS OF
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Net Assets
219.87M

JRS Nuveen Real Estate Income Fund Forecast, Technical & Fundamental Analysis

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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for JRS with price predictions
08:00 PM EDT Sep 26, 2023

Momentum Indicator for JRS turns negative, indicating new downward trend

JRS saw its Momentum Indicator move below the 0 level on September 21, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned negative. In of the 93 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for JRS turned negative on September 21, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where JRS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for JRS entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JRS advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

JRS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

Nuveen Real Estate Income Fund is a diversified closed-end investment company. The fund seeks to provide high current income and capital appreciation by investing in income-producing common stocks, preferred stocks, convertible preferred stocks and debt securities issued by real estate companies. It invests at least 80% of its total assets in income-producing equity securities issued by Real Estate Investment Trusts (REITs) and will not invest more than 25% of its total assets in non-investment grade preferred stocks, convertible preferred stocks, and debt securities.

Volume

The average weekly volume growth across all stocks in the Nuveen Real Estate Income Fund ETF was 44%. For the same stocks of the ETF, the average monthly volume growth was 16% and the average quarterly volume growth was 56%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 78
P/E Growth Rating: 61
Price Growth Rating: 63
SMR Rating: 92
Profit Risk Rating: 48
Seasonality Score: 25 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Real Estate
Address
333 West Wacker Drive333 West Wacker DriveChicago
Phone
N/A
Web
www.nuveen.com
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JRS and

Correlation & Price change

A.I.dvisor indicates that over the last year, JRS has been closely correlated with VNQ. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if JRS jumps, then VNQ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JRS
1D Price
Change %
JRS100%
-1.06%
VNQ - JRS
87%
Closely correlated
-0.67%
IYR - JRS
87%
Closely correlated
-0.72%
SCHH - JRS
87%
Closely correlated
-0.68%
REET - JRS
87%
Closely correlated
-0.81%
XLRE - JRS
86%
Closely correlated
-0.88%
More