NUVEEN AMT-FR MUNI CRDT (NVG) Stock Technical Analysis
NYSE:NVG - US67071L1061
11.65 USD
+0.02 (+0.17%)
11.59 USD
-0.06 (-0.52%)
Taking everything into account, NVG scores 1 out of 10 in our technical rating. NVG'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NVG is a bad performer in the overall market: 80% of all stocks are doing better.
NVG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NVG has a been trading in a tight range between 11.51 and 11.89.
NVG has a poor technical rating and the quality of the setup is also only medium 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
11.23
13.52
When analyzing the support we notice one important area.
- A support zone ranging from 11.34 to 11.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 11.69 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.05 to 12.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 12.46 to 12.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.04 from a horizontal line in the daily time frame.
- Resistance @13.39 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for NVG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVG is down. |
| ChartMill Relative Strength | 20.08 | NEGATIVE | NVG has a low relative strength, it was outperformed by 79.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.07 | NEUTRAL | The RSI value for NVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NVG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for NVG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for NVG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for NVG suggests a possible start of a new trend. |
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)
11.65
+0.02 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.09%
2 Weeks-1.6%
1 Month0.6%
3 Month-2.27%
6 Month-9.76%
12 Month-10.52%
2 Year4.48%
3 Year-15.82%
5 Year-25.46%
10 Year-15.09%
15 Year-23.36%
Volatility
ATR(14)0.08
ATR(20)%0.74%
ATR Inc26.64%
Range Today0.05
ADR(20)0.08
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.08
Mansfield-1.38
10 Day High11.89
10 Day Low11.53
20 Day High11.89
20 Day Low11.51
52 Week High13.56
52 Week Low11
CS1 End11.64
CR1 Start11.69
Volume & EV
DER(3)-4.59%
DER(5)-5.28%
Volume460.30K
Volume Incr0.55%
Vol(5)490.02K
Vol(50)465.36K