NUVEEN SELECT TAX-FREE INC (NXP) Stock Technical Analysis
NYSE:NXP - New York Stock Exchange, Inc. - US67062F1003 - Currency: USD
Taking everything into account, NXP scores 2 out of 10 in our technical rating. In the past year, NXP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
77% of all other stocks performed better in the past year than NXP.
NXP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXP is lagging the market.
In the last month NXP has a been trading in a tight range between 13.86 and 14.16.
Although the technical rating is bad, NXP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.95, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
15.33
When analyzing the support we notice one important area.
- A support zone ranging from 13.62 to 14.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @14.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.88 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 | NEUTRAL | NEUTRAL | The short term trend for NXP is neutral. |
| ChartMill Relative Strength | 23.62 | NEGATIVE | NXP has a low relative strength, it was outperformed by 76.38% 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) | 55.73 | NEUTRAL | The RSI value for NXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NXP has a positive trend. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests NXP may be overbought. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for NXP suggests low volalility. |
| Average Directional Index/ADX (14) | 11.63 | NEGATIVE | The low ADX value for NXP suggests a weak or negative 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)
14.06
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.79%
2 Weeks0.36%
1 Month0.29%
3 Month-0.64%
6 Month-5.83%
12 Month-2.83%
2 Year-3.23%
3 Year-2.09%
5 Year-12.99%
10 Year3.92%
15 Year-5.19%
Volatility
ATR(14)0.09
ATR(20)%0.72%
ATR Inc-2.11%
Range Today0.08
ADR(20)0.1
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
CRS23.62
Mansfield-1.05
10 Day High14.1
10 Day Low13.86
20 Day High14.16
20 Day Low13.86
52 Week High15.25
52 Week Low13.3
CS1 End13.95
CR1 Start13.97
Volume & EV
DER(3)-4.41%
DER(5)-4.82%
Volume187.80K
Volume Incr35.87%
Vol(5)125.54K
Vol(50)112.17K