NUVEEN NEW YORK MUNI VAL (NNY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NNY - US67062M1053
Overall NNY gets a technical rating of 5 out of 10. NNY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, NNY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.45, a Stop Loss order could be placed below this zone. 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.
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7.87
3 important support areas can be observed.
- A support zone ranging from 8.35 to 8.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.17 to 8.17. This zone is formed by a combination of multiple trend lines in the daily 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 8.51 to 8.57. 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 | NEUTRAL | NEUTRAL | The short term trend for NNY is neutral. |
| ChartMill Relative Strength | 56.66 | NEUTRAL | NNY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NNY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNY is above the rising 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) | 55.2 | NEUTRAL | The RSI value for NNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NNY has a positive trend. |
| Stochastics (14,3) | 64.08 | NEUTRAL | The Stochastics value for NNY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for NNY suggests low volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for NNY suggests a strong trend. |
NYSE:NNY (12/5/2025, 4:10:02 PM)
8.48
-0.03 (-0.35%)
NUVEEN NEW YORK MUNI VAL / NNY FAQ
What is the technical rating for NNY stock?
ChartMill assigns a technical rating of 5 / 10 to NNY.
What is the current trend direction of NUVEEN NEW YORK MUNI VAL (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 55.1954. This indicates that the stock is currently neutral.
What is the MACD signal for NNY stock?
The MACD indicator for NUVEEN NEW YORK MUNI VAL (NNY) has a value of 0.00581235, indicating a bearish trend.
What is the support and resistance level for NNY stock?
NUVEEN NEW YORK MUNI VAL (NNY) has a support level at 8.45 and a resistance level at 8.51. Check the full technical report for our detailed analysis of NNY support and resistance levels.