NUVEEN MUNICIPAL CREDIT INC (NZF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NZF - US67070X1019
We assign a technical rating of 4 out of 10 to NZF. In the last year, NZF was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
NZF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
11.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.13 to 12.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.70 to 11.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.33 to 11.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.51 to 12.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for NZF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NZF is down. |
| ChartMill Relative Strength | 43.16 | NEUTRAL | NZF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NZF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NZF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NZF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.22 | NEUTRAL | The RSI value for NZF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NZF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.86 | OVERSOLD | The low Stochastics value suggests NZF may be oversold. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for NZF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for NZF suggests a weak or negative trend. |
12.49
+0.05 (+0.4%)
NUVEEN MUNICIPAL CREDIT INC / NZF FAQ
What is the technical rating for NZF stock?
ChartMill assigns a technical rating of 3 / 10 to NZF.
Can you provide the trend direction for NUVEEN MUNICIPAL CREDIT INC?
The current trend direction for NUVEEN MUNICIPAL CREDIT INC (NZF) is Bullish.
Can you provide the RSI signal for NUVEEN MUNICIPAL CREDIT INC?
NUVEEN MUNICIPAL CREDIT INC (NZF) has an RSI value of 41.2244. This indicates that the stock is currently neutral.
What is the short term momentum for NUVEEN MUNICIPAL CREDIT INC (NZF) stock?
The short term momentum for NUVEEN MUNICIPAL CREDIT INC (NZF) is negative.
Can you provide the buy/sell signal for NUVEEN MUNICIPAL CREDIT INC?
The buy/sell signal for NUVEEN MUNICIPAL CREDIT INC (NZF) is hold as the short term and long term trends are mixed.