NUVEEN AMT-FR QLTY MUNI INC (NEA) Stock Technical Analysis
NYSE:NEA - New York Stock Exchange, Inc. - US6706571055 - Currency: USD
Overall NEA gets a technical rating of 3 out of 10. In the past year, NEA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
77% of all other stocks performed better in the past year than NEA.
NEA has an average volume of 1045660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
NEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEA is lagging the market.
In the last month NEA has a been trading in a tight range between 10.60 and 11.00.
NEA has a poor technical rating and the quality of the setup is also only medium 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
10.45
12.16
When analyzing the support we notice one important area.
- A support zone ranging from 10.56 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.04 to 11.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.98 to 12.04. 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 NEA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEA is up. |
| ChartMill Relative Strength | 23.26 | NEGATIVE | NEA has a low relative strength, it was outperformed by 76.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.85 | NEUTRAL | The RSI value for NEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NEA has a positive trend. |
| Stochastics (14,3) | 95.5 | OVERBOUGHT | The high Stochastics value suggests NEA may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for NEA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for NEA suggests a possible start of a new trend. |
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)
11
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week1.66%
2 Weeks1.76%
1 Month2.04%
3 Month-0.27%
6 Month-3.93%
12 Month-3.59%
2 Year0.64%
3 Year-13.52%
5 Year-24.35%
10 Year-15.25%
15 Year-28.52%
Volatility
ATR(14)0.08
ATR(20)%0.63%
ATR Inc-36.55%
Range Today0.03
ADR(20)0.06
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.26
Mansfield-1.02
10 Day High11
10 Day Low10.76
20 Day High11
20 Day Low10.6
52 Week High12.06
52 Week Low10
CS1 End10.83
CR1 Start10.84
Volume & EV
DER(3)-1.6%
DER(5)-0.39%
Volume825.00K
Volume Incr23.21%
Vol(5)1.10M
Vol(50)1.05M