NUVEEN CALIFORNIA MUNI VAL (NCA) Stock Technical Analysis
NYSE:NCA - New York Stock Exchange, Inc. - US67062C1071 - Currency: USD
We assign a technical rating of 1 out of 10 to NCA. NCA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NCA has a bad technical rating, but it does show a decent setup pattern. 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 8.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.52, a Stop Loss order could be placed below this zone.
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8.15
When analyzing the support we notice one important area.
- A support zone ranging from 8.23 to 8.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.61 to 8.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.02 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.20 to 9.20. 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 | DOWN | NEGATIVE | The long term trend for NCA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCA is neutral. |
| ChartMill Relative Strength | 26.54 | NEGATIVE | NCA has a low relative strength, it was outperformed by 73.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NCA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for NCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NCA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.87 | NEUTRAL | The Stochastics value for NCA is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for NCA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for NCA suggests a weak or negative trend. |
NYSE:NCA (8/4/2025, 8:04:00 PM)
8.53
+0.02 (+0.24%)