NUVEEN MUNICIPAL CREDIT OPP (NMCO) Stock Technical Analysis
NYSE:NMCO - New York Stock Exchange, Inc. - US6706631032 - Currency: USD
Taking everything into account, NMCO scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NMCO 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.
69% of all other stocks performed better in the past year than NMCO.
NMCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NMCO is lagging the market.
In the last month NMCO has a been trading in a tight range between 10.35 and 10.70.
NMCO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NMCO 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
9.63
11.43
We found 3 important support areas.
- A support zone ranging from 10.33 to 10.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.04 from a trend line in the weekly time frame.
- A support zone ranging from 9.73 to 9.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.51 to 10.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.88 to 10.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.25 to 11.32. 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 NMCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NMCO is neutral. |
| ChartMill Relative Strength | 31.05 | NEUTRAL | NMCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NMCO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.85 | NEUTRAL | The RSI value for NMCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NMCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.1 | NEUTRAL | The Stochastics value for NMCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for NMCO suggests low volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for NMCO 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)
NYSE:NMCO (6/25/2025, 8:04:00 PM)
10.51
+0.02 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week0.67%
2 Weeks-0.85%
1 Month0.57%
3 Month-1.5%
6 Month-0.1%
12 Month-4.71%
2 Year-2.87%
3 Year-14.13%
5 Year-11.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.13%
ATR Inc-12.28%
Range Today0.11
ADR(20)0.12
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.05
Mansfield-0.93
10 Day High10.7
10 Day Low10.35
20 Day High10.7
20 Day Low10.35
52 Week High12.2
52 Week Low9.69
CS1 End10.49
CR1 Start10.51
Volume & EV
DER(3)3.36%
DER(5)-2.52%
Volume72.30K
Volume Incr-8.54%
Vol(5)128.80K
Vol(50)165.52K