Nuveen California Muni Value Fund 2 (NCB) Stock Technical Analysis
NYSEARCA:NCB - NYSE Arca -
Taking everything into account, NCB scores 0 out of 10 in our technical rating. NCB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, NCB is a bad performer in the overall market: 95% of all stocks are doing better.
In the last month NCB has a been trading in the 14.86 - 16.09 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NCB has an average volume of 8767 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
NCB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NCB is performing more or less in line with the market.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of NCB 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.
More info and screens
14.87
16.25
When analyzing the support we notice one important area.
- A support zone ranging from 15.02 to 15.04. 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 15.38 to 16.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 NCB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NCB is down. |
| ChartMill Relative Strength | 5.38 | NEGATIVE | NCB has a low relative strength, it was outperformed by 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NCB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.23 | NEUTRAL | The RSI value for NCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NCB has a negative trend. |
| Stochastics (14,3) | 10.42 | OVERSOLD | The low Stochastics value suggests NCB may be oversold. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for NCB suggests low volalility. |
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)
Nuveen California Muni Value Fund 2
NYSEARCA:NCB (3/5/2021, 8:04:01 PM)
15.05
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-1.95%
2 Weeks-5.41%
1 Month-3.4%
3 Month-2.53%
6 Month-1.44%
12 Month-4.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.4%
ATR Inc-19.17%
Range Today0.19
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
CRS5.38
Mansfield-1.4
10 Day High15.96
10 Day Low14.86
20 Day High16.09
20 Day Low14.86
52 Week High16.09
52 Week Low12.23
CS1 End15.04
CR1 Start15.38
Volume & EV
DER(3)-1.55%
DER(5)-0.12%
Volume15.10K
Volume Incr-12.64%
Vol(5)9.54K
Vol(50)8.77K