NUVEEN NY AMT-FR MUNI INC (NRK) Stock Technical Analysis
NYSE:NRK • US6706561072
We assign a technical rating of 6 out of 10 to NRK. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NRK is a bad performer.
- When comparing the yearly performance of all stocks, NRK is a bad performer in the overall market: 61% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- NRK 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 NRK is lagging the market slightly.
- In the last month NRK has a been trading in a tight range between 10.14 and 10.50.
- Considerably lower volume is observed in the last couple of days.
NRK has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.79
We found 2 important support areas.
- A support zone ranging from 10.12 to 10.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.89 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.51 to 10.51. 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 NRK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRK is up. |
| ChartMill Relative Strength | 39.31 | NEUTRAL | NRK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.06 | OVERBOUGHT | The high RSI value suggests NRK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NRK has a positive trend. |
| Stochastics (14,3) | 90.19 | OVERBOUGHT | The high Stochastics value suggests NRK may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for NRK suggests low volalility. |
| Average Directional Index/ADX (14) | 34.63 | POSITIVE | The high ADX value value for NRK suggests a strong trend. |
10.5
+0.05 (+0.48%)
NUVEEN NY AMT-FR MUNI INC / NRK FAQ
What is the ChartMill technical rating of NUVEEN NY AMT-FR MUNI INC (NRK) stock?
ChartMill assigns a technical rating of 6 / 10 to NRK.
What is the current trend direction of NUVEEN NY AMT-FR MUNI INC (NRK) stock?
The current trend direction for NUVEEN NY AMT-FR MUNI INC (NRK) is Bullish.
What is the RSI signal for NRK stock?
NUVEEN NY AMT-FR MUNI INC (NRK) has an RSI value of 73.0573. This indicates that the stock is currently overbought.
Can you provide the MACD signal for NUVEEN NY AMT-FR MUNI INC?
The MACD indicator for NUVEEN NY AMT-FR MUNI INC (NRK) has a value of 0.0160012, indicating a bearish trend.
What is the support and resistance level for NRK stock?
NUVEEN NY AMT-FR MUNI INC (NRK) has a support level at 10.42 and a resistance level at 10.51. Check the full technical report for our detailed analysis of NRK support and resistance levels.