NUVEEN NJ QLTY MUNI INC (NXJ) Stock Technical Analysis
USA - NYSE:NXJ - US67069Y1029
Overall NXJ gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NXJ is only an average performer.
NXJ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 12.62. Right above this resistance zone may be a good entry point.
More info and screens
10.94
We found 3 important support areas.
- A support zone ranging from 12.07 to 12.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.41 from a horizontal line in the daily time frame.
- A support zone ranging from 11.05 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.62 to 12.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.05 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 | UP | POSITIVE | The long term trend for NXJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXJ is up. |
| ChartMill Relative Strength | 59.2 | NEUTRAL | NXJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.15 | NEUTRAL | The RSI value for NXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NXJ has a negative trend. |
| Stochastics (14,3) | 40.48 | NEUTRAL | The Stochastics value for NXJ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for NXJ suggests low volalility. |
| Average Directional Index/ADX (14) | 48.93 | POSITIVE | The high ADX value value for NXJ suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.76 | 12.49 | 0.27 (2.12%) | 25.00% |
| An entry @12.76. This is a Buy Stop order right above the resistance zone. | An exit @12.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 2.12%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:NXJ (10/23/2025, 8:21:41 PM)
12.59
+0.05 (+0.4%)