Nuveen California Muni Value Fund 2 (NCB) Technical Analysis
NYSEARCA:NCB
Current stock price
NCB Technical Rating and Analysis
Overall NCB gets a technical rating of 0 out of 10. NCB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NCB Weekly and Daily overview Charts
NCB Setup Rating and Analysis
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
NCB Support and Resistance Analysis
14.87
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.
NCB 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.
| 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. |
NCB Chart- and CandleStick Pattern Analysis
NCB Technicals: Chart, Performance Metrics, Trend & Indicators
Nuveen California Muni Value Fund 2
NYSEARCA:NCB (3/5/2021, 8:04:01 PM)
15.05
+0.02 (+0.13%)
Nuveen California Muni Value Fund 2 / NCB TA FAQ
Can you provide the ChartMill technical rating for Nuveen California Muni Value Fund 2?
ChartMill assigns a technical rating of 0 / 10 to NCB.
What is the trend direction for NCB stock?
The current trend direction for Nuveen California Muni Value Fund 2 (NCB) is Bearish.
What is the RSI signal for Nuveen California Muni Value Fund 2 (NCB) stock?
Nuveen California Muni Value Fund 2 (NCB) has an RSI value of 32.2333. This indicates that the stock is currently neutral.
What is the short term momentum for Nuveen California Muni Value Fund 2 (NCB) stock?
The short term momentum for Nuveen California Muni Value Fund 2 (NCB) is negative.
What are the support and resistance levels for Nuveen California Muni Value Fund 2 (NCB) stock?
Nuveen California Muni Value Fund 2 (NCB) has a support level at 15.04 and a resistance level at 15.38. Check the full technical report for our detailed analysis of NCB support and resistance levels.