NUVEEN QUALITY MUNICIPAL INC (NAD) Stock Technical Analysis
USA - NYSE:NAD - US67066V1017
11.81 USD
-0.05 (-0.42%)
11.81 USD
0 (0%)
Overall NAD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NAD is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NAD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NAD is lagging the market slightly.
When comparing the performance of all stocks over the past year, NAD turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
In the last month NAD has a been trading in a tight range between 11.54 and 11.96.
NAD has an excellent technical rating, but the quality of the setup is 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 3 important support areas.
- A support zone ranging from 11.56 to 11.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.24 to 11.34. 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.
We can see 2 important resistance areas.
- Resistance @11.93 from a horizontal line 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 | UP | POSITIVE | The short term trend for NAD is up. |
| ChartMill Relative Strength | 45.35 | NEUTRAL | NAD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NAD is above the rising 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) | 56.39 | NEUTRAL | The RSI value for NAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.37 | NEUTRAL | The Stochastics value for NAD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for NAD suggests low volalility. |
| Average Directional Index/ADX (14) | 31.81 | POSITIVE | The high ADX value value for NAD suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.94 | 11.53 | 0.41 (3.43%) | 25.00% |
| An entry @11.94. This is a Buy Stop order right above the resistance zone. | An exit @11.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.41 points, which is 3.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.81
-0.05 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.42%
1 Week-0.17%
2 Weeks1.55%
1 Month1.29%
3 Month6.3%
6 Month5.92%
12 Month-4.22%
2 Year20.39%
3 Year11.1%
5 Year-18.21%
10 Year-15.94%
15 Year-17.99%
Volatility
ATR(14)0.1
ATR(20)%0.82%
ATR Inc46.22%
Range Today0.16
ADR(20)0.09
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.35
Mansfield-0.78
10 Day High11.96
10 Day Low11.54
20 Day High11.96
20 Day Low11.54
52 Week High12.36
52 Week Low10.4
CS1 End11.8
CR1 Start11.93
Volume & EV
DER(3)1.92%
DER(5)4.63%
Volume680.03K
Volume Incr21.81%
Vol(5)800.93K
Vol(50)746.62K