Nuveen Select Tax Free Income 3 (NXR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NXR -
We assign a technical rating of 0 out of 10 to NXR. NXR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NXR has a poor technical rating and the quality of the setup is also not perfect 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
15.68
We found 1 important support area.
- A support zone ranging from 15.84 to 16.04. 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 16.61 to 17.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.54 to 17.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @18.15 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for NXR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXR is down. |
| ChartMill Relative Strength | 27.53 | NEGATIVE | NXR has a low relative strength, it was outperformed by 72.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.03 | NEUTRAL | The RSI value for NXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NXR has a negative trend. |
| Stochastics (14,3) | 29.01 | NEUTRAL | The Stochastics value for NXR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for NXR suggests low volalility. |
Nuveen Select Tax Free Income 3
NYSE:NXR (12/3/2021, 8:18:56 PM)
16.56
-0.15 (-0.9%)
Nuveen Select Tax Free Income 3 / NXR FAQ
What is the technical rating for NXR stock?
ChartMill assigns a technical rating of 0 / 10 to NXR.
What is the current trend direction of Nuveen Select Tax Free Income 3 (NXR) stock?
The current trend direction for Nuveen Select Tax Free Income 3 (NXR) is Bearish.
Can you provide the RSI signal for Nuveen Select Tax Free Income 3?
Nuveen Select Tax Free Income 3 (NXR) has an RSI value of 34.0336. This indicates that the stock is currently neutral.
What is the MACD signal for Nuveen Select Tax Free Income 3 (NXR) stock?
The MACD indicator for Nuveen Select Tax Free Income 3 (NXR) has a value of -0.019367, indicating a bearish trend.
Can you provide the support and resistance levels for Nuveen Select Tax Free Income 3?
Nuveen Select Tax Free Income 3 (NXR) has a support level at 16.04 and a resistance level at 16.61. Check the full technical report for our detailed analysis of NXR support and resistance levels.