NUVEEN MUNI VALUE FD (NUV)       8.68  -0.02 (-0.23%)

8.68  -0.02 (-0.23%)

US6709281009 - After market: 8.68 0 (0%)

Technical Rating

1

Taking everything into account, NUV scores 1 out of 10 in our technical rating. NUV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.



When compared to the yearly performance of all other stocks, NUV outperforms 55% of them, which is more or less in line with the market.
NUV is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month NUV has a been trading in a tight range between 8.56 and 8.90.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

Statistics

1 Month 3 Months 6 Months 12 Months -2.03% 0.93% 2.60% -9.58% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 55.24 8.25 - 9.64
NUV Weekly chart
NUV Daily chart

Support/Resistance Analysis


8.18

9.46
When analyzing the support we can see 3 important areas.
  • A support zone ranging from 8.60 to 8.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 8.41 to 8.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 8.26 to 8.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
  • A resistance zone ranging from 8.69 to 9.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @9.37 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

8

Although the technical rating is bad, NUV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.67, a Stop Loss order could be placed below this zone.


NUV Daily chart

NUVEEN MUNI VALUE FD8.68

NYSE:NUV (3/29/2023, 7:24:10 PM)-0.02 (-0.23%)

After market: 8.68 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
Today-0.23%
1 Week0.12%
2 Weeks-0.69%
1 Month-2.03%
3 Month0.93%
6 Month2.6%
Volatility
ATR(14)0.09
ATR(20)%1.08%
ATR Inc-31%
Range Today0.06
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.24
Mansfield-0.32
10 Day High8.78
10 Day Low8.62
20 Day High8.9
20 Day Low8.56
52 Week High9.64
52 Week Low8.25
CS1 End8.67
CR1 Start8.69
Volume & EV
DER(3)0.32%
DER(5)-0.84%
Volume250.50K
Volume Incr-29.38%
Vol(5)252.76K
Vol(50)354.78K

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA