NUVEEN CA AMT-FR MUNI INC (NKX) Stock Technical Analysis
NYSE:NKX - New York Stock Exchange, Inc. - US6706511085 - Currency: USD
Overall NKX gets a technical rating of 0 out of 10. NKX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than NKX.
NKX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NKX has a been trading in the 11.53 - 12.24 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
NKX 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
11.37
13.21
When analyzing the support we notice one important area.
- A support zone ranging from 11.48 to 11.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.67 to 12.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.81 to 13.08. 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 NKX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NKX is down. |
| ChartMill Relative Strength | 24.92 | NEGATIVE | NKX has a low relative strength, it was outperformed by 75.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NKX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NKX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NKX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.94 | OVERSOLD | The low RSI value suggests NKX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NKX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.06 | OVERSOLD | The low Stochastics value suggests NKX may be oversold. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for NKX suggests low volalility. |
| Average Directional Index/ADX (14) | 33 | POSITIVE | The high ADX value value for NKX suggests a strong 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)
11.58
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week-0.69%
2 Weeks-1.86%
1 Month-5.47%
3 Month-8.78%
6 Month-10.23%
12 Month-4.69%
2 Year0.35%
3 Year-10.09%
5 Year-22.44%
10 Year-18.34%
15 Year-14.6%
Volatility
ATR(14)0.09
ATR(20)%0.8%
ATR Inc-25.91%
Range Today0.08
ADR(20)0.09
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.92
Mansfield-1.37
10 Day High11.85
10 Day Low11.53
20 Day High12.24
20 Day Low11.53
52 Week High14.27
52 Week Low11.45
CS1 End11.54
CR1 Start11.67
Volume & EV
DER(3)9.96%
DER(5)5.05%
Volume253.04K
Volume Incr95.62%
Vol(5)233.13K
Vol(50)140.95K