Nuveen Global High Income Fund of Beneficial Interest has a twelve month low of $15.15 and a twelve month high of $17.45. The stock has experienced bearish momentum as it's ATR or Average True Range has dipped consistently over the past 10 sessions. The company had a trading volume of 69,022 shares, compared to its average volume of 95,397. Finally, Stifel Financial Corp boosted its stake in shares of Nuveen Global High Income Fund of Beneficial Interest by 45.8% in the 2nd quarter. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Moving averages have the ability to be used as a powerful indicator for technical stock analysis. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. With time and experience, many traders will use a combination of various indicators when setting up their persona charts.
At the time of writing, Nuveen Global High Income Fund (JGH) has a 14-day Commodity Channel Index (CCI) of -38.98. The Williams %R oscillates in a range from 0 to -100. Active investors may choose to use this technical indicator as a stock evaluation tool. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings.
Keeping an eye on Moving Averages, the 50-day is 14.61, the 200-day is at 14.42, and the 7-day is 14.38 for Nuveen Enhanced Muni Value Fund (NEV). Dedicated investors may be looking to employ another tool for doing technical stock analysis. Developed by Larry Williams, this indicator helps spot overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. Nuveen Global High Income Fund (JGH)'s Williams %R presently stands at -61.36. A reading between 0 and -20 would point to an overbought situation. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.