NUVEEN AMT-FR QLTY MUNI INC (NEA) Stock Technical Analysis
NYSE:NEA - US6706571055
We assign a technical rating of 5 out of 10 to NEA. NEA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
NEA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.45
When analyzing the support we notice one important area.
- A support zone ranging from 10.56 to 10.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.04 to 11.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @11.34 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for NEA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEA is up. |
| ChartMill Relative Strength | 26.91 | NEGATIVE | NEA has a low relative strength, it was outperformed by 73.09% 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) | 59.2 | NEUTRAL | The RSI value for NEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NEA has a positive trend. |
| Stochastics (14,3) | 76.92 | NEUTRAL | The Stochastics value for NEA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for NEA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for NEA suggests a weak or negative trend. |
NYSE:NEA (8/29/2025, 6:40:00 PM)
11
+0.06 (+0.55%)