Taking everything into account, NXK scores 0 out of 10 in our technical rating. NXK 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 technical rating of NXK 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.
More info and screens
13.01
We found 1 important support area.
- Support @13.14 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.20 to 13.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.78 to 13.81. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for NXK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXK is down. |
| ChartMill Relative Strength | 38.14 | NEUTRAL | NXK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.84 | NEUTRAL | The RSI value for NXK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NXK has a negative trend. |
| Stochastics (14,3) | 28.38 | NEUTRAL | The Stochastics value for NXK is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for NXK suggests low volalility. |
NYSEARCA:NXK (6/5/2015, 8:35:38 PM)
13.2
+0.03 (+0.23%)
Nuveen New York Divadv Fund 2 / NXK FAQ
What is the ChartMill technical rating of Nuveen New York Divadv Fund 2 (NXK) stock?
ChartMill assigns a technical rating of 0 / 10 to NXK.
What is the trend direction for NXK stock?
The current trend direction for Nuveen New York Divadv Fund 2 (NXK) is Bearish.
Can you provide the RSI signal for Nuveen New York Divadv Fund 2?
Nuveen New York Divadv Fund 2 (NXK) has an RSI value of 38.8414. This indicates that the stock is currently neutral.
What is the MACD signal for Nuveen New York Divadv Fund 2 (NXK) stock?
The MACD indicator for Nuveen New York Divadv Fund 2 (NXK) has a value of -0.011732, indicating a bearish trend.
What is the short term momentum for Nuveen New York Divadv Fund 2 (NXK) stock?
The short term momentum for Nuveen New York Divadv Fund 2 (NXK) is negative.