NUVEEN MUNI HI INC OPPORT (NMZ) Stock Technical Analysis
NYSE:NMZ - New York Stock Exchange, Inc. - US6706821039 - Currency: USD
Overall NMZ gets a technical rating of 0 out of 10. NMZ 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, NMZ is a bad performer in the overall market: 61% of all stocks are doing better.
NMZ 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 NMZ is lagging the market slightly.
In the last month NMZ has a been trading in a tight range between 10.19 and 10.67.
Considerably lower volume is observed in the last couple of days.
NMZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.48. Right above this resistance zone may be a good entry point.
More info and screens
9.64
11.95
We found 2 important support areas.
- A support zone ranging from 10.35 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.74 to 10.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.48 to 10.59. 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 11.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.77 to 11.83. 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 NMZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NMZ is down. |
| ChartMill Relative Strength | 39.08 | NEUTRAL | NMZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NMZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NMZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.92 | NEUTRAL | The RSI value for NMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NMZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.32 | NEUTRAL | The Stochastics value for NMZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for NMZ suggests low volalility. |
| Average Directional Index/ADX (14) | 26.2 | POSITIVE | The high ADX value value for NMZ 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)
10.4
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.68%
2 Weeks-1.05%
1 Month-1.89%
3 Month-7.64%
6 Month-9.41%
12 Month1.17%
2 Year-0.67%
3 Year-16.53%
5 Year-18.05%
10 Year-22.62%
15 Year-17%
Volatility
ATR(14)0.11
ATR(20)%1.02%
ATR Inc-55.38%
Range Today0.05
ADR(20)0.1
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.08
Mansfield-0.85
10 Day High10.55
10 Day Low10.19
20 Day High10.67
20 Day Low10.19
52 Week High11.9
52 Week Low9.36
CS1 End10.38
CR1 Start10.48
Volume & EV
DER(3)-5.49%
DER(5)-0.42%
Volume241.90K
Volume Incr-23.54%
Vol(5)203.12K
Vol(50)379.11K