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NUVEEN NJ QLTY MUNI INC (NXJ) Stock Technical Analysis

NYSE:NXJ - New York Stock Exchange, Inc. - US67069Y1029 - Currency: USD

11.29  -0.09 (-0.79%)

Technical Rating and Analysis

0

Taking everything into account, NXJ scores 0 out of 10 in our technical rating. NXJ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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, NXJ is a bad performer in the overall market: 73% of all stocks are doing better.
NXJ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXJ is lagging the market.
In the last month NXJ has a been trading in a tight range between 11.22 and 11.50.
Weekly and Daily overview Charts
NUVEEN NJ QLTY MUNI INC / NXJ Weekly stock chart
NUVEEN NJ QLTY MUNI INC / NXJ Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, NXJ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.26, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.07

12.45

When analyzing the support we notice one important area.

  • A support zone ranging from 11.18 to 11.26. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 11.31 to 11.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.74 to 11.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 12.27 to 12.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NXJ is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NXJ is down.
ChartMill Relative Strength27.87NEGATIVENXJ has a low relative strength, it was outperformed by 72.13% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NXJ is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NXJ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NXJ is below a declining SMA(200).
Relative Strength Index/RSI (14)41.54NEUTRALThe RSI value for NXJ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests NXJ has a positive trend, although the MACD value is declining.
Stochastics (14,3)44.38NEUTRALThe Stochastics value for NXJ is a neutral value.
Average True Range in percent/ATR (20)0.75LOW VOLATILITYThe low ATR as a percentage value for NXJ suggests low volalility.
Average Directional Index/ADX (14)13.01NEGATIVEThe low ADX value for NXJ suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
NUVEEN NJ QLTY MUNI INC / NXJ Daily stock chart

NUVEEN NJ QLTY MUNI INC

NYSE:NXJ (6/13/2025, 8:04:00 PM)

11.29

-0.09 (-0.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-0.35%
2 Weeks-0.44%
1 Month-1.22%
3 Month-5.36%
6 Month-8.21%
12 Month-6.77%
2 Year-1.57%
3 Year-10.33%
5 Year-14.8%
10 Year-12.14%
15 Year-17.71%
Volatility
ATR(14)0.08
ATR(20)%0.75%
ATR Inc-6.89%
Range Today0.07
ADR(20)0.08
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.87
Mansfield-1.13
10 Day High11.46
10 Day Low11.26
20 Day High11.5
20 Day Low11.22
52 Week High13.13
52 Week Low11.01
CS1 End11.26
CR1 Start11.31
Volume & EV
DER(3)-3.32%
DER(5)-1.06%
Volume110.03K
Volume Incr-14.43%
Vol(5)106.15K
Vol(50)140.22K