NUVEEN CA QLTY MUNI INC (NAC) Stock Technical Analysis
NYSE:NAC - New York Stock Exchange, Inc. - US67066Y1055 - Currency: USD
Taking everything into account, NAC scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NAC was also a bad performer in the overall market in the last year.
69% of all other stocks performed better in the past year than NAC.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NAC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NAC is lagging the market slightly.
In the last month NAC has a been trading in a tight range between 10.69 and 11.07.
NAC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.40
12.12
When analyzing the support we notice one important area.
- A support zone ranging from 10.50 to 11.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @11.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.37 to 11.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.77 to 12.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NAC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NAC is up. |
| ChartMill Relative Strength | 31.98 | NEUTRAL | NAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NAC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.47 | NEUTRAL | The RSI value for NAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NAC has a positive trend. |
| Stochastics (14,3) | 88.95 | OVERBOUGHT | The high Stochastics value suggests NAC may be overbought. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for NAC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for NAC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.03
-0.04 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.36%
1 Week1.1%
2 Weeks0.91%
1 Month0.73%
3 Month-2.56%
6 Month-4.17%
12 Month-4.42%
2 Year1.01%
3 Year-10.54%
5 Year-22.7%
10 Year-23.3%
15 Year-18.48%
Volatility
ATR(14)0.09
ATR(20)%0.81%
ATR Inc46.8%
Range Today0.07
ADR(20)0.08
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.98
Mansfield-0.73
10 Day High11.07
10 Day Low10.84
20 Day High11.07
20 Day Low10.69
52 Week High12.03
52 Week Low10.35
CS1 End11.02
CR1 Start11.12
Volume & EV
DER(3)6.34%
DER(5)-1.34%
Volume346.90K
Volume Incr0.54%
Vol(5)438.62K
Vol(50)471.95K