NUVEEN TAXABLE MUNICIPAL INC (NBB) Stock Technical Analysis
NYSE:NBB - New York Stock Exchange, Inc. - US67074C1036 - Currency: USD
Overall NBB gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NBB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NBB is a bad performer in the overall market: 63% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NBB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NBB is lagging the market.
In the last month NBB has a been trading in a tight range between 15.04 and 15.68.
Considerably lower volume is observed in the last couple of days.
NBB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.55. Right above this resistance zone may be a good entry point.
More info and screens
14.43
16.71
We found 3 important support areas.
- A support zone ranging from 15.42 to 15.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.82 to 15.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.55 to 15.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.31 to 16.54. 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 NBB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBB is up. |
| ChartMill Relative Strength | 37.74 | NEUTRAL | NBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NBB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NBB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.84 | NEUTRAL | The RSI value for NBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for NBB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for NBB suggests low volalility. |
| Average Directional Index/ADX (14) | 8.34 | NEGATIVE | The low ADX value for NBB 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)
NYSE:NBB (6/10/2025, 8:04:00 PM)
15.54
+0.05 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week0.45%
2 Weeks0.84%
1 Month0.78%
3 Month-1.77%
6 Month-3.36%
12 Month1.04%
2 Year-0.96%
3 Year-12.7%
5 Year-27.62%
10 Year-19.69%
15 Year-21.52%
Volatility
ATR(14)0.16
ATR(20)%1.06%
ATR Inc-27.86%
Range Today0.12
ADR(20)0.16
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.74
Mansfield-0.72
10 Day High15.68
10 Day Low15.33
20 Day High15.68
20 Day Low15.04
52 Week High17.31
52 Week Low14.52
CS1 End15.54
CR1 Start15.55
Volume & EV
DER(3)-1.62%
DER(5)-1.28%
Volume19.30K
Volume Incr-46.3%
Vol(5)30.88K
Vol(50)60.19K