NEUBERGER MUNICIPAL FUND INC (NBH) Stock Technical Analysis
NYSEARCA:NBH • US64124P1012
We assign a technical rating of 7 out of 10 to NBH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NBH is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- NBH 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 NBH is lagging the market slightly.
- When compared to the yearly performance of all other stocks, NBH outperforms 40% of them, which is more or less in line with the market.
- In the last month NBH has a been trading in a tight range between 10.18 and 10.64.
- Considerably lower volume is observed in the last couple of days.
Although NBH has an excellent technical rating, the quality of the presented setup is not ideal 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
9.58
3 important support areas can be observed.
- A support zone ranging from 10.13 to 10.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.87 to 9.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.68 to 9.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.62 to 10.75. 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 NBH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBH is up. |
| ChartMill Relative Strength | 40.89 | NEUTRAL | NBH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for NBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NBH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.85 | NEUTRAL | The Stochastics value for NBH is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for NBH suggests low volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for NBH suggests a strong trend. |
10.59
+0.03 (+0.28%)
NEUBERGER MUNICIPAL FUND INC / NBH FAQ
What is the technical rating for NBH stock?
ChartMill assigns a technical rating of 7 / 10 to NBH.
Can you provide the trend direction for NEUBERGER MUNICIPAL FUND INC?
The current trend direction for NEUBERGER MUNICIPAL FUND INC (NBH) is Bullish.
What is the RSI signal for NEUBERGER MUNICIPAL FUND INC (NBH) stock?
NEUBERGER MUNICIPAL FUND INC (NBH) has an RSI value of 62.9439. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEUBERGER MUNICIPAL FUND INC?
The MACD indicator for NEUBERGER MUNICIPAL FUND INC (NBH) has a value of 0.00233623, indicating a bearish trend.
Can you provide the short term momentum for NEUBERGER MUNICIPAL FUND INC?
The short term momentum for NEUBERGER MUNICIPAL FUND INC (NBH) is positive.