NUVEEN MUNICIPAL INCOME (NMI) Stock Technical Analysis
NYSE:NMI - New York Stock Exchange, Inc. - US67062J1025 - Currency: USD
Taking everything into account, NMI scores 6 out of 10 in our technical rating. In the last year, NMI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: NMI has an average volume of 26184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, NMI outperforms 46% of them, which is more or less in line with the market.
NMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NMI is lagging the market.
In the last month NMI has a been trading in a tight range between 9.61 and 10.00.
NMI has an average technical rating and also the quality of the setup is 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
9.09
10.37
We found 2 important support areas.
- A support zone ranging from 9.36 to 9.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.18 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @9.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.23 to 10.27. 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 | NEUTRAL | NEUTRAL | The long term trend for NMI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMI is up. |
| ChartMill Relative Strength | 46.01 | NEUTRAL | NMI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NMI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.13 | NEUTRAL | The RSI value for NMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NMI has a positive trend. |
| Stochastics (14,3) | 68.74 | NEUTRAL | The Stochastics value for NMI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for NMI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.39 | NEUTRAL | The ADX value for NMI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.96 | 9.67 | 0.29 (2.94%) | 25.00% |
| An entry @9.96. This is a Buy Stop order right above the resistance zone. | An exit @9.67. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 2.94%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:NMI (6/25/2025, 11:36:27 AM)
9.9192
-0.02 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week2.36%
2 Weeks0.9%
1 Month2.69%
3 Month2.16%
6 Month5.41%
12 Month1.38%
2 Year5.41%
3 Year7.34%
5 Year-7.19%
10 Year-9.96%
15 Year-13.79%
Volatility
ATR(14)0.1
ATR(20)%1.09%
ATR Inc26.18%
Range Today0.06
ADR(20)0.1
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.01
Mansfield-0.42
10 Day High10
10 Day Low9.68
20 Day High10
20 Day Low9.61
52 Week High10.3
52 Week Low9.21
CS1 End9.9
CR1 Start9.95
Volume & EV
DER(3)3.66%
DER(5)1.51%
Volume16.52K
Volume Incr31.79%
Vol(5)31.86K
Vol(50)26.18K