NUVEEN CA AMT-FR MUNI INC (NKX) Stock Technical Analysis
USA - NYSE:NKX - US6706511085
12.56 USD
+0.03 (+0.24%)
12.3597 USD
-0.2 (-1.59%)
Taking everything into account, NKX scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NKX is a bad performer.
When comparing the yearly performance of all stocks, NKX is a bad performer in the overall market: 68% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month NKX has a been trading in the 11.71 - 12.58 range, which is quite wide. It is currently trading near the high of this range.
NKX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKX is lagging the market.
Although NKX has an excellent technical rating, it does not present a decent entry opportunity 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
11.19
13.21
2 important support areas can be observed.
- A support zone ranging from 11.70 to 12.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.30 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Strong resistance @13.08 from a horizontal line in the daily time frame.
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 NKX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKX is up. |
| ChartMill Relative Strength | 32.03 | NEUTRAL | NKX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NKX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.95 | OVERBOUGHT | The high RSI value suggests NKX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NKX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.11 | OVERBOUGHT | The high Stochastics value suggests NKX may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for NKX suggests low volalility. |
| Average Directional Index/ADX (14) | 42.71 | 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)
12.56
+0.03 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.24%
1 Week0.56%
2 Weeks4.58%
1 Month6.89%
3 Month9.41%
6 Month-1.72%
12 Month-9.31%
2 Year22.42%
3 Year6.35%
5 Year-17.75%
10 Year-14.38%
15 Year-9.83%
Volatility
ATR(14)0.12
ATR(20)%0.86%
ATR Inc-22.69%
Range Today0.09
ADR(20)0.1
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.03
Mansfield-0.97
10 Day High12.58
10 Day Low12.03
20 Day High12.58
20 Day Low11.71
52 Week High14.02
52 Week Low11.44
CS1 End12.13
CR1 Start13.08
Volume & EV
DER(3)0.18%
DER(5)-2.3%
Volume93.00K
Volume Incr-19.12%
Vol(5)138.46K
Vol(50)147.08K