NUVEEN TAXABLE MUNICIPAL INC (NBB) Stock Technical Analysis
NYSE:NBB - US67074C1036
Overall NBB gets a technical rating of 4 out of 10. In the past year, NBB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, NBB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.82, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
14.43
We found 3 important support areas.
- A support zone ranging from 15.39 to 15.82. 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 15.09. 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.
We found 1 important resistance area.
- A resistance zone ranging from 16.05 to 16.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 29.73 | NEGATIVE | NBB has a low relative strength, it was outperformed by 70.27% off all stocks 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) | UP | POSITIVE | The current price of NBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NBB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.69 | NEUTRAL | The RSI value for NBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.33 | NEUTRAL | The Stochastics value for NBB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for NBB suggests low volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for NBB suggests a weak or negative trend. |
NYSE:NBB (8/27/2025, 2:46:30 PM)
15.85
-0.14 (-0.88%)