NUVEEN AMT-FR QLTY MUNI INC (NEA) Stock Technical Analysis
USA - NYSE:NEA - US6706571055
We assign a technical rating of 7 out of 10 to NEA. Although NEA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
NEA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.54, a Stop Loss order could be placed below this zone.
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10.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.99 to 11.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.60 to 10.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.60 to 11.76. 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 | UP | POSITIVE | The long term trend for NEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEA is up. |
| ChartMill Relative Strength | 56.61 | NEUTRAL | NEA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of NEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.26 | NEUTRAL | The RSI value for NEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NEA has a negative trend. |
| Stochastics (14,3) | 73.48 | NEUTRAL | The Stochastics value for NEA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for NEA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.21 | NEGATIVE | The low ADX value for NEA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.61 | 11.44 | 0.17 (1.46%) | 25.00% |
| An entry @11.61. This is a Buy Stop order right above the 10 day moving average. | An exit @11.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 1.46%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.57
-0.02 (-0.17%)
NUVEEN AMT-FR QLTY MUNI INC / NEA FAQ
What is the technical rating for NEA stock?
ChartMill assigns a technical rating of 7 / 10 to NEA.
What is the current trend direction of NUVEEN AMT-FR QLTY MUNI INC (NEA) stock?
The current trend direction for NUVEEN AMT-FR QLTY MUNI INC (NEA) is Bullish.
What is the RSI signal for NEA stock?
NUVEEN AMT-FR QLTY MUNI INC (NEA) has an RSI value of 55.2646. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVEEN AMT-FR QLTY MUNI INC?
The MACD indicator for NUVEEN AMT-FR QLTY MUNI INC (NEA) has a value of -0.00432026, indicating a bearish trend.
Can you provide the buy/sell signal for NUVEEN AMT-FR QLTY MUNI INC?
The buy/sell signal for NUVEEN AMT-FR QLTY MUNI INC (NEA) is buy as both the short term and long term trends are positive.