NUVEEN NY QLTY MUNI INC (NAN) Stock Technical Analysis
NYSE:NAN - New York Stock Exchange, Inc. - US67066X1072 - Currency: USD
Taking everything into account, NAN scores 3 out of 10 in our technical rating. NAN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, NAN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.31, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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10.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.06 to 11.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.75 to 10.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.46 to 11.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.81 to 11.90. 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 | NEUTRAL | NEUTRAL | The long term trend for NAN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NAN is neutral. |
| ChartMill Relative Strength | 55.91 | NEUTRAL | NAN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NAN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.04 | NEUTRAL | The RSI value for NAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NAN has a positive trend. |
| Stochastics (14,3) | 65.43 | NEUTRAL | The Stochastics value for NAN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for NAN suggests low volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for NAN suggests a weak or negative trend. |
NYSE:NAN (5/30/2025, 8:18:52 PM)
11.34
+0.02 (+0.18%)