NUVEEN QUALITY INCOME MUN FD (NQU) Technical Analysis
NYSE:NQU • US6709771074
Current stock price
NQU Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to NQU. Although NQU 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!
- NQU is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NQU is leading the market.
- When comparing the performance of all stocks over the past year, NQU turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- In the last month NQU has a been trading in a tight range between 14.48 and 15.01.
- Volume is considerably higher in the last couple of days.
NQU Weekly and Daily overview Charts
NQU Setup Rating and Analysis
Besides having an excellent technical rating, NQU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
NQU Support and Resistance Analysis
13.10
We found 3 important support areas.
- A support zone ranging from 14.52 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.83 from a trend line in the weekly time frame.
- A support zone ranging from 13.23 to 13.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.90 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
NQU 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NQU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NQU is up. |
| ChartMill Relative Strength | 60.64 | NEUTRAL | NQU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NQU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NQU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NQU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.01 | NEUTRAL | The RSI value for NQU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NQU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.01 | NEUTRAL | The Stochastics value for NQU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for NQU suggests low volalility. |
NQU Chart- and CandleStick Pattern Analysis
NQU Example Setup
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 |
|---|---|---|---|
| 14.96 | 14.62 | 0.34 (2.27%) | 25.00% |
| An entry @14.96. This is a Buy Stop order right above the resistance zone. | An exit @14.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 2.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- 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.
NQU Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:NQU (4/8/2016, 8:49:25 PM)
14.89
-0.04 (-0.27%)
NUVEEN QUALITY INCOME MUN FD / NQU TA FAQ
Can you provide the ChartMill technical rating for NUVEEN QUALITY INCOME MUN FD?
ChartMill assigns a technical rating of 7 / 10 to NQU.
Can you provide the trend direction for NUVEEN QUALITY INCOME MUN FD?
The current trend direction for NUVEEN QUALITY INCOME MUN FD (NQU) is Bullish.
What is the RSI signal for NQU stock?
NUVEEN QUALITY INCOME MUN FD (NQU) has an RSI value of 64.0108. This indicates that the stock is currently neutral.
What is the buy/sell signal for NUVEEN QUALITY INCOME MUN FD (NQU) stock?
The buy/sell signal for NUVEEN QUALITY INCOME MUN FD (NQU) is buy as both the short term and long term trends are positive.
What is the support and resistance level for NQU stock?
NUVEEN QUALITY INCOME MUN FD (NQU) has a support level at 14.83 and a resistance level at 14.9. Check the full technical report for our detailed analysis of NQU support and resistance levels.