NUVEEN NEW YORK MUNI VAL (NNY) Technical Analysis
NYSE:NNY • US67062M1053
We assign a technical rating of 6 out of 10 to NNY. Although NNY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- NNY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NNY is lagging the market slightly.
- When compared to the yearly performance of all other stocks, NNY outperforms 52% of them, which is more or less in line with the market.
- In the last month NNY has a been trading in a tight range between 8.42 and 8.83.
Although the technical rating is only medium, NNY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NNY in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
7.87
4 important support areas can be observed.
- A support zone ranging from 8.52 to 8.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.31 to 8.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.15 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.95 to 7.98. 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 8.69 to 8.81. 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 | UP | POSITIVE | The long term trend for NNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NNY is up. |
| ChartMill Relative Strength | 52.73 | NEUTRAL | NNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NNY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.48 | NEUTRAL | The RSI value for NNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NNY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.76 | NEUTRAL | The Stochastics value for NNY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for NNY suggests low volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for NNY suggests a strong trend. |
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 |
|---|---|---|---|
| 8.82 | 8.51 | 0.31 (3.51%) | 25.00% |
| An entry @8.82. This is a Buy Stop order right above the resistance zone. | An exit @8.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 3.51%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
NNY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:NNY (3/11/2026, 8:15:43 PM)
8.67
-0.07 (-0.8%)
NUVEEN NEW YORK MUNI VAL / NNY FAQ
What is the technical rating for NNY stock?
ChartMill assigns a technical rating of 6 / 10 to NNY.
What is the trend direction for NNY stock?
The current trend direction for NUVEEN NEW YORK MUNI VAL (NNY) is Bullish.
What is the RSI signal for NUVEEN NEW YORK MUNI VAL (NNY) stock?
NUVEEN NEW YORK MUNI VAL (NNY) has an RSI value of 53.4767. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVEEN NEW YORK MUNI VAL?
The MACD indicator for NUVEEN NEW YORK MUNI VAL (NNY) has a value of -0.00206847, indicating a bearish trend.
What are the support and resistance levels for NUVEEN NEW YORK MUNI VAL (NNY) stock?
NUVEEN NEW YORK MUNI VAL (NNY) has a support level at 8.67 and a resistance level at 8.69. Check the full technical report for our detailed analysis of NNY support and resistance levels.