NUVEEN AMT-FR QLTY MUNI INC (NEA) Technical Analysis
NYSE:NEA • US6706571055
Current stock price
NEA Technical Rating and Analysis
Taking everything into account, NEA scores 1 out of 10 in our technical rating. NEA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- NEA 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 NEA 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.
- When compared to the yearly performance of all other stocks, NEA outperforms 40% of them, which is more or less in line with the market.
- In the last month NEA has a been trading in a tight range between 11.23 and 11.90.
NEA Weekly and Daily overview Charts
NEA Setup Rating and Analysis
The technical rating of NEA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NEA Support and Resistance Analysis
10.49
When analyzing the support we notice one important area.
- A support zone ranging from 10.60 to 10.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.26 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NEA 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 NEA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEA is down. |
| ChartMill Relative Strength | 40.35 | NEUTRAL | NEA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NEA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 21.92 | OVERSOLD | The low RSI value suggests NEA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NEA has a negative trend. |
| Stochastics (14,3) | 11.6 | OVERSOLD | The low Stochastics value suggests NEA may be oversold. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for NEA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for NEA suggests a possible start of a new trend. |
NEA Chart- and CandleStick Pattern Analysis
NEA Technicals: Chart, Performance Metrics, Trend & Indicators
11.25
-0.33 (-2.85%)
NUVEEN AMT-FR QLTY MUNI INC / NEA TA FAQ
What is the technical rating for NEA stock?
ChartMill assigns a technical rating of 1 / 10 to NEA.
What is the trend direction for NEA stock?
The current trend direction for NUVEEN AMT-FR QLTY MUNI INC (NEA) is Bearish.
What is the RSI signal for NEA stock?
NUVEEN AMT-FR QLTY MUNI INC (NEA) has an RSI value of 21.9212. This indicates that the stock is currently oversold.
What is the MACD signal for NUVEEN AMT-FR QLTY MUNI INC (NEA) stock?
The MACD indicator for NUVEEN AMT-FR QLTY MUNI INC (NEA) has a value of -0.041115, indicating a bearish trend.
What is the support and resistance level for NEA stock?
NUVEEN AMT-FR QLTY MUNI INC (NEA) has a support level at 10.63 and a resistance level at 11.26. Check the full technical report for our detailed analysis of NEA support and resistance levels.