NUVEEN CONNECTICUT QLTY MUN FD (NTC) Stock Technical Analysis
NYSE:NTC - New York Stock Exchange, Inc. -
Taking everything into account, NTC scores 0 out of 10 in our technical rating. NTC'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.
When comparing the yearly performance of all stocks, NTC is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month NTC has a been trading in the 12.04 - 13.75 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NTC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTC is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of NTC is bad and it also does not present a quality setup 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
10.96
13.82
When analyzing the support we notice one important area.
- A support zone ranging from 11.07 to 11.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.01 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.54 to 13.68. 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 | NEUTRAL | NEUTRAL | The long term trend for NTC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTC is down. |
| ChartMill Relative Strength | 28.17 | NEGATIVE | NTC has a low relative strength, it was outperformed by 71.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NTC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 15.69 | OVERSOLD | The low RSI value suggests NTC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests NTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.09 | OVERSOLD | The low Stochastics value suggests NTC may be oversold. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for NTC suggests low volalility. |
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 CONNECTICUT QLTY MUN FD
NYSE:NTC (11/15/2019, 8:20:28 PM)
12.04
-0.05 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.41%
1 Week-1.15%
2 Weeks-11.6%
1 Month-10.99%
3 Month-10.62%
6 Month-4.22%
12 Month8.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1.25%
ATR Inc-70.75%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.17
Mansfield-1.22
10 Day High13.7
10 Day Low12.04
20 Day High13.75
20 Day Low12.04
52 Week High13.75
52 Week Low11.09
CS1 End11.07
CR1 Start13.01
Volume & EV
DER(3)-8.89%
DER(5)-9.98%
Volume123.90K
Volume Incr189.57%
Vol(5)231.12K
Vol(50)69.13K