Nuveen Select Tax Free Income 3 (NXR) Technical Analysis
NYSE:NXR
Current stock price
NXR Technical Rating and Analysis
Overall NXR gets a technical rating of 0 out of 10. NXR 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, NXR is a bad performer in the overall market: 73% of all stocks are doing better.
- NXR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NXR has a been trading in the 16.40 - 18.02 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: NXR has an average volume of 16134 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
NXR Weekly and Daily overview Charts
NXR Setup Rating and Analysis
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
NXR Support and Resistance Analysis
15.68
When analyzing the support we notice one important 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.
NXR 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.
| 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. |
NXR Chart- and CandleStick Pattern Analysis
NXR Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA FAQ
What is the technical rating for NXR stock?
ChartMill assigns a technical rating of 0 / 10 to NXR.
What is the trend direction for NXR stock?
The current trend direction for Nuveen Select Tax Free Income 3 (NXR) is Bearish.
What is the RSI signal for NXR stock?
Nuveen Select Tax Free Income 3 (NXR) has an RSI value of 34.0336. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Nuveen Select Tax Free Income 3?
The MACD indicator for Nuveen Select Tax Free Income 3 (NXR) has a value of -0.019367, indicating a bearish trend.
What is the support and resistance level for NXR stock?
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.