NUVEEN MUNI VALUE FD (NUV)       8.44  -0.01 (-0.12%)

8.44  -0.01 (-0.12%)

US6709281009 - Premarket: 8.5 +0.06 (+0.71%)

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 44% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
NUV is currently making a new 52 week low. This is a very bad signal. The S&P500 Index however is also trading in the lower part of its yearly range, so it may just be a bad time for stocks in general.
In the last month NUV has a been trading in the 8.40 - 9.06 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -5.17% -6.84% -12.08% -25.90% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 44.93 8.4 - 11.7197
NUV Weekly chart
NUV Daily chart

Support/Resistance Analysis


8.35

9.70
When analyzing the support we notice one important area.
  • A support zone ranging from 8.43 to 8.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
  • A resistance zone ranging from 8.76 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.15 to 9.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.60 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

3

The technical rating of NUV 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.


NUV Daily chart

NUVEEN MUNI VALUE FD8.44

NYSE:NUV (9/27/2022, 7:05:53 PM)-0.01 (-0.12%)

Premarket: 8.5 +0.06 (+0.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -0.12% 1 Week -1.86%
2 Weeks -4.2% 1 Month -5.17%
3 Month -6.84% 6 Month -12.08%
Volatility
ATR(14) 0.14 ATR(20)% 1.59%
ATR Inc -28.71% Range Today 0.08
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 44.93 Mansfield 0.26
10 Day High 8.88 10 Day Low 8.4
20 Day High 9.06 20 Day Low 8.4
52 Week High 11.72 52 Week Low 8.4
CS1 End 8.43 CR1 Start 8.76
Volume & EV
DER(3) -9.17% DER(5) -12.51%
Volume 716.90K Volume Incr 16.42%
Vol(5) 563.92K Vol(50) 417.66K

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