Nuveen Select Tax Free Income 3 (NXR) Stock Technical Analysis
NYSE:NXR - New York Stock Exchange, Inc. -
Taking everything into account, NXR scores 0 out of 10 in our technical rating. 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.
73% of all other stocks performed better in the past year than NXR.
NXR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXR is lagging the market.
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 has a poor technical rating and the quality of the setup is also only medium 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
18.33
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.
3 important resistance areas can be observed.
- 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. |
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)
Nuveen Select Tax Free Income 3
NYSE:NXR (12/3/2021, 8:18:56 PM)
16.56
-0.15 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.9%
1 Week-0.54%
2 Weeks-1.84%
1 Month-3.94%
3 Month-8%
6 Month-9.36%
12 Month-0.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.54%
ATR Inc-1.09%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.53
Mansfield-1.27
10 Day High16.96
10 Day Low16.4
20 Day High18.02
20 Day Low16.4
52 Week High20.44
52 Week Low15.69
CS1 End16.04
CR1 Start16.61
Volume & EV
DER(3)2.52%
DER(5)3.73%
Volume8.20K
Volume Incr26.38%
Vol(5)21.80K
Vol(50)16.13K