Nuveen New York Muni Value Fund 2 (NYV) Stock Technical Analysis
NYSEARCA:NYV - NYSE Arca -
We assign a technical rating of 5 out of 10 to NYV. In the last year, NYV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, NYV is a bad performer in the overall market: 82% of all stocks are doing better.
Warning: NYV has an average volume of 4513 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NYV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NYV is performing more or less in line with the market.
In the last month NYV has a been trading in a tight range between 14.52 and 15.14.
Volume is considerably higher in the last couple of days.
NYV has an average technical rating and it also does not offer a high quality setup 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
14.17
15.51
When analyzing the support we notice one important area.
- A support zone ranging from 14.31 to 15.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.18 to 15.36. 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 | NEUTRAL | NEUTRAL | The long term trend for NYV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NYV is up. |
| ChartMill Relative Strength | 18.62 | NEGATIVE | NYV has a low relative strength, it was outperformed by 81.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NYV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NYV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NYV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.39 | NEUTRAL | The RSI value for NYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NYV has a positive trend. |
| Stochastics (14,3) | 82.55 | OVERBOUGHT | The high Stochastics value suggests NYV may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for NYV 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 New York Muni Value Fund 2
NYSEARCA:NYV (4/9/2021, 8:25:00 PM)
15.04
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week1.96%
2 Weeks2.87%
1 Month3.01%
3 Month1.62%
6 Month1.62%
12 Month6.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.61%
ATR Inc109.3%
Range Today0.11
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
CRS18.62
Mansfield-1.3
10 Day High15.14
10 Day Low14.6
20 Day High15.14
20 Day Low14.52
52 Week High15.71
52 Week Low12.39
CS1 End15.01
CR1 Start15.18
Volume & EV
DER(3)2.1%
DER(5)1.26%
Volume13.80K
Volume Incr131.51%
Vol(5)10.36K
Vol(50)4.51K