NUVEEN MUNICIPAL VALUE (NUV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NUV - US6709281009
Overall NUV gets a technical rating of 5 out of 10. In the last year, NUV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
NUV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.05, a Stop Loss order could be placed below this zone.
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8.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.93 to 9.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.42 to 8.48. 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 9.05 to 9.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 NUV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NUV is neutral. |
| ChartMill Relative Strength | 45.33 | NEUTRAL | NUV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NUV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NUV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NUV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for NUV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NUV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.65 | NEUTRAL | The Stochastics value for NUV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for NUV suggests low volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for NUV suggests a strong trend. |
9.05
+0.01 (+0.11%)
NUVEEN MUNICIPAL VALUE / NUV FAQ
What is the ChartMill technical rating of NUVEEN MUNICIPAL VALUE (NUV) stock?
ChartMill assigns a technical rating of 5 / 10 to NUV.
What is the current trend direction of NUVEEN MUNICIPAL VALUE (NUV) stock?
The current trend direction for NUVEEN MUNICIPAL VALUE (NUV) is Bullish.
Can you provide the RSI signal for NUVEEN MUNICIPAL VALUE?
NUVEEN MUNICIPAL VALUE (NUV) has an RSI value of 51.3407. This indicates that the stock is currently neutral.
What is the MACD signal for NUVEEN MUNICIPAL VALUE (NUV) stock?
The MACD indicator for NUVEEN MUNICIPAL VALUE (NUV) has a value of 0.00597034, indicating a bearish trend.
What is the support and resistance level for NUV stock?
NUVEEN MUNICIPAL VALUE (NUV) has a support level at 9.05 and a resistance level at 9.05. Check the full technical report for our detailed analysis of NUV support and resistance levels.