Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) Fell By -0.9%, And Here’s Why

In its latest trading session, Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) dropped by -0.9% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.157, an Accumulation/Distribution Index (ADI) of 0.157, an On-Balance Volume (OBV) of 50.178, and a Chaiikin Money Flow (CMF) of 25.198. 1.0

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT). 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.