NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NDMO - US67079X1028
Taking everything into account, NDMO scores 0 out of 10 in our technical rating. NDMO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NDMO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.82, a Stop Loss order could be placed below this zone.
More info and screens
9.33
We found 2 important support areas.
- Support @9.82 from a horizontal line in the daily time frame.
- A support zone ranging from 9.42 to 9.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.29 to 10.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.48 to 10.75. 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 | DOWN | NEGATIVE | The long term trend for NDMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NDMO is down. |
| ChartMill Relative Strength | 33.58 | NEUTRAL | NDMO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NDMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NDMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NDMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.41 | NEUTRAL | The RSI value for NDMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NDMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.3 | OVERSOLD | The low Stochastics value suggests NDMO may be oversold. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for NDMO suggests low volalility. |
| Average Directional Index/ADX (14) | 35.98 | POSITIVE | The high ADX value value for NDMO suggests a strong trend. |
9.995
-0.01 (-0.05%)
NUVEEN DYNAMIC MUNICIPAL OPP / NDMO FAQ
Can you provide the ChartMill technical rating for NUVEEN DYNAMIC MUNICIPAL OPP?
ChartMill assigns a technical rating of 0 / 10 to NDMO.
What is the current trend direction of NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) stock?
The current trend direction for NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) is Bearish.
Can you provide the RSI signal for NUVEEN DYNAMIC MUNICIPAL OPP?
NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) has an RSI value of 30.4146. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVEEN DYNAMIC MUNICIPAL OPP?
The MACD indicator for NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) has a value of -0.0368149, indicating a bearish trend.
What is the buy/sell signal for NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) stock?
The buy/sell signal for NUVEEN DYNAMIC MUNICIPAL OPP (NDMO) is sell as both the short term and long term trends are negative.