NUVEEN QUALITY MUNICIPAL INC (NAD) Stock Technical Analysis
NYSE:NAD - New York Stock Exchange, Inc. - US67066V1017 - Currency: USD
Taking everything into account, NAD scores 0 out of 10 in our technical rating. NAD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NAD is a bad performer in the overall market: 79% of all stocks are doing better.
NAD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NAD is lagging the market.
In the last month NAD has a been trading in a tight range between 11.04 and 11.45.
NAD 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
10.66
12.54
We found 1 important support area.
- A support zone ranging from 10.77 to 11.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.12 to 11.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.73 to 11.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 12.34 to 12.42. 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 NAD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAD is down. |
| ChartMill Relative Strength | 21.4 | NEGATIVE | NAD has a low relative strength, it was outperformed by 78.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NAD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.54 | NEUTRAL | The RSI value for NAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NAD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.83 | OVERSOLD | The low Stochastics value suggests NAD may be oversold. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for NAD suggests low volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for NAD 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)
11.11
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.27%
2 Weeks-2.11%
1 Month-1.24%
3 Month-2.29%
6 Month-5.45%
12 Month-7.95%
2 Year-1.33%
3 Year-16.02%
5 Year-24.16%
10 Year-19.2%
15 Year-22.31%
Volatility
ATR(14)0.07
ATR(20)%0.63%
ATR Inc16.53%
Range Today0.05
ADR(20)0.07
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.4
Mansfield-1.32
10 Day High11.37
10 Day Low11.04
20 Day High11.45
20 Day Low11.04
52 Week High12.47
52 Week Low10.4
CS1 End11.05
CR1 Start11.12
Volume & EV
DER(3)4.6%
DER(5)1.35%
Volume659.70K
Volume Incr-17.54%
Vol(5)613.90K
Vol(50)711.35K