NUVEEN MUNICIPAL CREDIT INC (NZF) Stock Technical Analysis
NYSE:NZF - US67070X1019
Taking everything into account, NZF scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NZF was also a bad performer in the overall market in the last year.
Although the technical rating is bad, NZF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
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11.22
When analyzing the support we notice one important area.
- A support zone ranging from 11.33 to 11.90. 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 3 important areas.
- A resistance zone ranging from 12.03 to 12.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.88 to 13.11. 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 NZF is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NZF is up. |
| ChartMill Relative Strength | 24.12 | NEGATIVE | NZF has a low relative strength, it was outperformed by 75.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NZF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NZF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NZF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.62 | NEUTRAL | The RSI value for NZF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NZF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.63 | NEUTRAL | The Stochastics value for NZF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for NZF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for NZF suggests a weak or negative trend. |
NYSE:NZF (8/28/2025, 8:04:00 PM)
11.9
-0.02 (-0.17%)