


Technical Sentiment Analysis for Nuveen Floating Rate Income Fund (JFR). As of 2026-05-08, Nuveen Floating Rate Income Fund (JFR) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for JFR stands at 53.21, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.01, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 54.29 and the Commodity Channel Index (CCI) at 6.54 further confirm a 0.07 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, JFR is trading below its 60-day moving average of $7.5 and below its 200-day long-term moving average of $7.89. Key price levels to watch include the immediate resistance at $7.58 and strong support at $7.44. A break above $7.58 could signal a bull continuation, while falling below $7.44 may test the next Fibonacci floor at $7.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 7.3 | 7.38 | 7.44 | 7.52 | 7.58 | 7.65 | 7.72 |
| Fibonacci | 7.38 | 7.43 | 7.46 | 7.52 | 7.57 | 7.6 | 7.65 |
2026-05-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 53.21 |
| Stochastic Oscillator | 54.29 |
| Stochastic RSI | 46.03 |
| Commodity Channel Index (CCI) | 6.54 |
| Awesome Oscillator | 0.05 |
| Momentum | 0.07 |
| MACD | 0.01 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 7.51 | Buy |
| 10-Day | 7.5 | Buy |
| 20-Day | 7.52 | Buy |
| 60-Day | 7.5 | Buy |
| 200-Day | 7.89 | Sell |
| 250-Day | 7.98 | Sell |