Logo image of NNY

NUVEEN NEW YORK MUNI VAL (NNY) Stock Technical Analysis

NYSE:NNY - New York Stock Exchange, Inc. - US67062M1053 - Currency: USD

8.07  +0.04 (+0.5%)

Technical Rating and Analysis

0

Overall NNY gets a technical rating of 0 out of 10. NNY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NNY is a bad performer in the overall market: 71% of all stocks are doing better.
NNY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NNY is lagging the market.
In the last month NNY has a been trading in a tight range between 7.93 and 8.13.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NUVEEN NEW YORK MUNI VAL / NNY Weekly stock chart
NUVEEN NEW YORK MUNI VAL / NNY Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, NNY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.05, 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.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

7.87

8.77

We found 1 important support area.

  • A support zone ranging from 7.95 to 8.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 8.09 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.43 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NNY is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for NNY is neutral.
ChartMill Relative Strength29.18NEGATIVENNY has a low relative strength, it was outperformed by 70.82% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of NNY is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NNY is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NNY is below a declining SMA(200).
Relative Strength Index/RSI (14)52.33NEUTRALThe RSI value for NNY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests NNY has a positive trend.
Stochastics (14,3)52.63NEUTRALThe Stochastics value for NNY is a neutral value.
Average True Range in percent/ATR (20)0.87LOW VOLATILITYThe low ATR as a percentage value for NNY suggests low volalility.
Average Directional Index/ADX (14)23.42NEUTRALThe ADX value for NNY suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
NUVEEN NEW YORK MUNI VAL / NNY Daily stock chart

NUVEEN NEW YORK MUNI VAL

NYSE:NNY (8/1/2025, 8:04:01 PM)

8.07

+0.04 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week1%
2 Weeks0%
1 Month-0.28%
3 Month-2.06%
6 Month-0.86%
12 Month-4.11%
2 Year-3.47%
3 Year-5.61%
5 Year-22.03%
10 Year-16.11%
15 Year-19.54%
Volatility
ATR(14)0.08
ATR(20)%0.87%
ATR Inc44.62%
Range Today0.12
ADR(20)0.07
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.18
Mansfield-0.87
10 Day High8.1
10 Day Low7.93
20 Day High8.13
20 Day Low7.93
52 Week High8.87
52 Week Low7.77
CS1 End8.05
CR1 Start8.09
Volume & EV
DER(3)5.15%
DER(5)4.68%
Volume60.80K
Volume Incr41.68%
Vol(5)61.00K
Vol(50)39.26K