NUVEEN MA QLTY MUNI INC (NMT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NMT - US67061E1047
Overall NMT gets a technical rating of 4 out of 10. NMT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, NMT does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.54 to 11.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.07 to 11.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.55 to 12.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 NMT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NMT is neutral. |
| ChartMill Relative Strength | 40.61 | NEUTRAL | NMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NMT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.61 | NEUTRAL | The RSI value for NMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NMT has a negative trend. |
| Stochastics (14,3) | 48.38 | NEUTRAL | The Stochastics value for NMT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for NMT suggests low volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for NMT suggests a weak or negative trend. |
11.55
+0.06 (+0.5%)
NUVEEN MA QLTY MUNI INC / NMT FAQ
What is the technical rating for NMT stock?
ChartMill assigns a technical rating of 4 / 10 to NMT.
What is the trend direction for NMT stock?
The current trend direction for NUVEEN MA QLTY MUNI INC (NMT) is Bearish.
Can you provide the RSI signal for NUVEEN MA QLTY MUNI INC?
NUVEEN MA QLTY MUNI INC (NMT) has an RSI value of 50.6147. This indicates that the stock is currently neutral.
What is the short term momentum for NMT stock?
The short term momentum for NUVEEN MA QLTY MUNI INC (NMT) is neutral.
Can you provide the support and resistance levels for NUVEEN MA QLTY MUNI INC?
NUVEEN MA QLTY MUNI INC (NMT) has a support level at 11.54 and a resistance level at 11.55. Check the full technical report for our detailed analysis of NMT support and resistance levels.