NUVEEN CA AMT-FR MUNI INC (NKX) Stock Technical Analysis
NYSE:NKX - US6706511085
11.77 USD
-0.03 (-0.25%)
12.1999 USD
+0.43 (+3.65%)
Overall NKX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NKX was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
80% of all other stocks performed better in the past year than NKX.
NKX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NKX has a been trading in a tight range between 11.50 and 12.08.
Although the technical rating is bad, NKX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NKX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.19
12.94
2 important support areas can be observed.
- A support zone ranging from 11.66 to 11.70. 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 can see 2 important resistance areas.
- A resistance zone ranging from 11.81 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.81 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 | DOWN | NEGATIVE | The long term trend for NKX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NKX is neutral. |
| ChartMill Relative Strength | 20.02 | NEGATIVE | NKX has a low relative strength, it was outperformed by 79.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NKX is below 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 | NEGATIVE | The current price of NKX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.5 | NEUTRAL | The RSI value for NKX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NKX has a negative trend. |
| Stochastics (14,3) | 30.92 | NEUTRAL | The Stochastics value for NKX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for NKX suggests low volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for NKX suggests a possible start of a new 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)
11.77
-0.03 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week0.6%
2 Weeks-1.99%
1 Month2.52%
3 Month-0.34%
6 Month-8.39%
12 Month-11.54%
2 Year6.69%
3 Year-12.33%
5 Year-23.38%
10 Year-17.13%
15 Year-16.43%
Volatility
ATR(14)0.1
ATR(20)%0.84%
ATR Inc-39.09%
Range Today0.05
ADR(20)0.1
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.02
Mansfield-1.43
10 Day High12.08
10 Day Low11.67
20 Day High12.08
20 Day Low11.5
52 Week High14.27
52 Week Low11.44
CS1 End11.7
CR1 Start11.81
Volume & EV
DER(3)-1.99%
DER(5)3.25%
Volume25.00K
Volume Incr-1.49%
Vol(5)136.56K
Vol(50)138.47K