NUVEEN SELECT TAX-FREE INC (NXP) Stock Technical Analysis
NYSE:NXP - New York Stock Exchange, Inc. - US67062F1003 - Currency: USD
We assign a technical rating of 3 out of 10 to NXP. Recently some decent action could be observed, but in the medium term time frame this is still negative. NXP was also a bad performer in the overall market in the last year.
Although the technical rating is bad, NXP does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.48
When analyzing the support we notice one important area.
- A support zone ranging from 13.62 to 13.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @14.07 from a horizontal line in the daily time frame.
- Resistance @14.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.70 to 14.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.12 to 15.18. 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 | DOWN | NEGATIVE | The long term trend for NXP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXP is up. |
| ChartMill Relative Strength | 26.63 | NEGATIVE | NXP has a low relative strength, it was outperformed by 73.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.4 | NEUTRAL | The RSI value for NXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NXP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.59 | OVERBOUGHT | The high Stochastics value suggests NXP may be overbought. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for NXP suggests low volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for NXP suggests a possible start of a new trend. |
NYSE:NXP (8/13/2025, 8:27:39 PM)
14.02
+0.02 (+0.14%)