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NEUBERGER BERMAN NY MUNI (NBO) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:NBO - US64124K1025

8.48 USD
+0.01 (+0.12%)
Last: 10/20/2023, 8:04:00 PM
Technical Rating and Analysis

1

Taking everything into account, NBO scores 1 out of 10 in our technical rating. NBO 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
NBO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month NBO has a been trading in the 8.41 - 8.97 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NBO has an average volume of 16874 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, NBO turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
Weekly and Daily overview Charts
NEUBERGER BERMAN NY MUNI / NBO Weekly stock chart
NEUBERGER BERMAN NY MUNI / NBO Daily stock chart
Setup Rating and Analysis

3

The technical rating of NBO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

8.38

10.21

We found 1 important support area.

  • A support zone ranging from 8.46 to 8.47. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 8.99 to 9.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.39 to 9.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 10.08 to 10.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NBO is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NBO is down.
ChartMill Relative Strength45.69NEUTRALNBO is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NBO is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NBO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NBO is below a declining SMA(200).
Relative Strength Index/RSI (14)28.82OVERSOLDThe low RSI value suggests NBO may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests NBO has a negative trend.
Stochastics (14,3)15.62OVERSOLDThe low Stochastics value suggests NBO may be oversold.
Average True Range in percent/ATR (20)1.4LOW VOLATILITYThe low ATR as a percentage value for NBO suggests low volalility.
Average Directional Index/ADX (14)34.02POSITIVEThe high ADX value value for NBO suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
NEUBERGER BERMAN NY MUNI / NBO Daily stock chart

NEUBERGER BERMAN NY MUNI

NYSEARCA:NBO (10/20/2023, 8:04:00 PM)

8.48

+0.01 (+0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week-2.75%
2 Weeks-1.85%
1 Month-6.5%
3 Month-12.31%
6 Month-11.39%
12 Month-7.63%
2 Year-32.38%
3 Year-27.15%
5 Year-23.81%
10 Year-34.62%
15 Year-19.77%
Volatility
ATR(14)0.12
ATR(20)%1.4%
ATR Inc-38.83%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.69
3 months CRSN/A
6 months CRSN/A
Mansfield-1.19
10 Day High8.85
10 Day Low8.41
20 Day High8.97
20 Day Low8.41
52 Week High10.19
52 Week Low8.41
CS1 End8.47
CR1 Start8.99
Volume & EV
DER(3)0.35%
DER(5)0.64%
Volume9.20K
Volume Incr-38.27%
Vol(5)15.38K
Vol(50)16.87K

NEUBERGER BERMAN NY MUNI / NBO FAQ

Can you provide the ChartMill technical rating for NEUBERGER BERMAN NY MUNI?

ChartMill assigns a technical rating of 1 / 10 to NBO.


What is the trend direction for NBO stock?

The current trend direction for NEUBERGER BERMAN NY MUNI (NBO) is Bearish.


What is the RSI signal for NBO stock?

NEUBERGER BERMAN NY MUNI (NBO) has an RSI value of 28.8234. This indicates that the stock is currently oversold.


What is the MACD signal for NEUBERGER BERMAN NY MUNI (NBO) stock?

The MACD indicator for NEUBERGER BERMAN NY MUNI (NBO) has a value of -0.00427064, indicating a bearish trend.


Can you provide the short term momentum for NEUBERGER BERMAN NY MUNI?

The short term momentum for NEUBERGER BERMAN NY MUNI (NBO) is negative.