NUVEEN QUALITY MUNICIPAL INC (NAD) Stock Technical Analysis
USA - NYSE:NAD - US67066V1017
Overall NAD gets a technical rating of 5 out of 10. In the last year, NAD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
NAD has an average technical rating and it also does not offer a high quality setup 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
We found 3 important support areas.
- A support zone ranging from 11.64 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.40 to 11.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.82 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for NAD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NAD is neutral. |
| ChartMill Relative Strength | 50.35 | NEUTRAL | NAD is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of NAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.61 | 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. |
| Stochastics (14,3) | 48.19 | NEUTRAL | The Stochastics value for NAD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for NAD suggests low volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for NAD suggests a possible start of a new trend. |
11.81
-0.1 (-0.84%)
NUVEEN QUALITY MUNICIPAL INC / NAD FAQ
What is the ChartMill technical rating of NUVEEN QUALITY MUNICIPAL INC (NAD) stock?
ChartMill assigns a technical rating of 5 / 10 to NAD.
What is the current trend direction of NUVEEN QUALITY MUNICIPAL INC (NAD) stock?
The current trend direction for NUVEEN QUALITY MUNICIPAL INC (NAD) is Bullish.
What is the RSI signal for NAD stock?
NUVEEN QUALITY MUNICIPAL INC (NAD) has an RSI value of 46.6139. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVEEN QUALITY MUNICIPAL INC?
The MACD indicator for NUVEEN QUALITY MUNICIPAL INC (NAD) has a value of -0.0166869, indicating a bearish trend.
What are the support and resistance levels for NUVEEN QUALITY MUNICIPAL INC (NAD) stock?
NUVEEN QUALITY MUNICIPAL INC (NAD) has a support level at 11.75 and a resistance level at 11.82. Check the full technical report for our detailed analysis of NAD support and resistance levels.