NUVEEN MULTI-ASSET INCOME (NMAI) Technical Analysis
NYSE:NMAI • US6707501085
Current stock price
NMAI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NMAI. NMAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NMAI is a bad performer in the overall market: 62% of all stocks are doing better.
- In the last month NMAI has a been trading in the 12.20 - 13.85 range, which is quite wide. It is currently trading near the lows of this range.
- NMAI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NMAI is lagging the market slightly.
NMAI Weekly and Daily overview Charts
NMAI Setup Rating and Analysis
The technical rating of NMAI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NMAI Support and Resistance Analysis
12.08
3 important resistance areas can be observed.
- A resistance zone ranging from 12.65 to 12.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.10 to 13.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.82 to 13.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
NMAI Technical Indicator Signal Analysis
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 NMAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NMAI is down. |
| ChartMill Relative Strength | 38.48 | NEUTRAL | NMAI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NMAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NMAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.19 | OVERSOLD | The low RSI value suggests NMAI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NMAI has a negative trend. |
| Stochastics (14,3) | 2.87 | OVERSOLD | The low Stochastics value suggests NMAI may be oversold. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for NMAI suggests low volalility. |
| Average Directional Index/ADX (14) | 36.22 | POSITIVE | The high ADX value value for NMAI suggests a strong trend. |
NMAI Chart- and CandleStick Pattern Analysis
NMAI Technicals: Chart, Performance Metrics, Trend & Indicators
12.2
-0.3 (-2.4%)
NUVEEN MULTI-ASSET INCOME / NMAI TA FAQ
What is the ChartMill technical rating of NUVEEN MULTI-ASSET INCOME (NMAI) stock?
ChartMill assigns a technical rating of 0 / 10 to NMAI.
What is the trend direction for NMAI stock?
The current trend direction for NUVEEN MULTI-ASSET INCOME (NMAI) is Bearish.
What is the RSI signal for NUVEEN MULTI-ASSET INCOME (NMAI) stock?
NUVEEN MULTI-ASSET INCOME (NMAI) has an RSI value of 23.1873. This indicates that the stock is currently oversold.
What is the short term momentum for NUVEEN MULTI-ASSET INCOME (NMAI) stock?
The short term momentum for NUVEEN MULTI-ASSET INCOME (NMAI) is negative.
What is the support and resistance level for NMAI stock?
NUVEEN MULTI-ASSET INCOME (NMAI) has a resistance level at 12.65. Check the full technical report for our detailed analysis of NMAI support and resistance levels.