NUVEEN TEXAS QLTY MUN INCME FD (NTX) Technical Analysis
NYSE:NTX
Current stock price
NTX Technical Rating and Analysis
Overall NTX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NTX is only an average performer.
- Warning: NTX has an average volume of 16135 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NTX is performing more or less in line with the market.
- When comparing the performance of all stocks over the past year, NTX turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- In the last month NTX has a been trading in a tight range between 14.50 and 14.88.
NTX Weekly and Daily overview Charts
NTX Setup Rating and Analysis
NTX has an average technical rating and it also does not offer a high 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
NTX Support and Resistance Analysis
13.55
We found 2 important support areas.
- A support zone ranging from 14.34 to 14.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.69 to 13.77. 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 14.65 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NTX 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 NTX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTX is neutral. |
| ChartMill Relative Strength | 66.92 | NEUTRAL | NTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for NTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NTX has a negative trend. |
| Stochastics (14,3) | 32.08 | NEUTRAL | The Stochastics value for NTX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for NTX suggests low volalility. |
NTX Chart- and CandleStick Pattern Analysis
NTX Technicals: Chart, Performance Metrics, Trend & Indicators
NUVEEN TEXAS QLTY MUN INCME FD
NYSE:NTX (2/14/2020, 8:04:06 PM)
14.64
-0.05 (-0.31%)
NUVEEN TEXAS QLTY MUN INCME FD / NTX TA FAQ
Can you provide the ChartMill technical rating for NUVEEN TEXAS QLTY MUN INCME FD?
ChartMill assigns a technical rating of 6 / 10 to NTX.
What is the trend direction for NTX stock?
The current trend direction for NUVEEN TEXAS QLTY MUN INCME FD (NTX) is Bullish.
What is the RSI signal for NTX stock?
NUVEEN TEXAS QLTY MUN INCME FD (NTX) has an RSI value of 49.1416. This indicates that the stock is currently neutral.
What is the short term momentum for NUVEEN TEXAS QLTY MUN INCME FD (NTX) stock?
The short term momentum for NUVEEN TEXAS QLTY MUN INCME FD (NTX) is neutral.