Signals & Forecast
The Nuveen Core Equity Alpha Fund fund holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
Nuveen Core Equity Alpha Fund finds support from accumulated volume at $16.83 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Nuveen Core Equity Alpha Fund fund A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nuveen Core Equity Alpha Fund fund to perform well in the short-term.
