NUVEEN S&P 500 DYNAM OVERWR (SPXX) Technical Analysis
NYSE:SPXX • US6706EW1000
Current stock price
SPXX Technical Rating and Analysis
Taking everything into account, SPXX scores 4 out of 10 in our technical rating. SPXX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- 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.
- In the last month SPXX has a been trading in the 15.78 - 17.40 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, SPXX outperforms 43% of them, which is more or less in line with the market.
- SPXX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPXX is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SPXX Weekly and Daily overview Charts
SPXX Setup Rating and Analysis
SPXX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SPXX Support and Resistance Analysis
15.35
We found 2 important support areas.
- A support zone ranging from 15.86 to 15.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @15.51 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.86 to 17.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.35 to 18.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPXX 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 | NEUTRAL | NEUTRAL | The long term trend for SPXX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPXX is up. |
| ChartMill Relative Strength | 43.62 | NEUTRAL | SPXX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPXX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPXX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPXX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.05 | NEUTRAL | The RSI value for SPXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SPXX has a positive trend. |
| Stochastics (14,3) | 97.25 | OVERBOUGHT | The high Stochastics value suggests SPXX may be overbought. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for SPXX suggests low volalility. |
| Average Directional Index/ADX (14) | 34.47 | POSITIVE | The high ADX value value for SPXX suggests a strong trend. |
SPXX Chart- and CandleStick Pattern Analysis
SPXX Technicals: Chart, Performance Metrics, Trend & Indicators
17.36
+0.14 (+0.81%)
NUVEEN S&P 500 DYNAM OVERWR / SPXX TA FAQ
Can you provide the ChartMill technical rating for NUVEEN S&P 500 DYNAM OVERWR?
ChartMill assigns a technical rating of 4 / 10 to SPXX.
Can you provide the trend direction for NUVEEN S&P 500 DYNAM OVERWR?
The current trend direction for NUVEEN S&P 500 DYNAM OVERWR (SPXX) is Bearish.
Can you provide the RSI signal for NUVEEN S&P 500 DYNAM OVERWR?
NUVEEN S&P 500 DYNAM OVERWR (SPXX) has an RSI value of 63.0526. This indicates that the stock is currently neutral.
What is the MACD signal for NUVEEN S&P 500 DYNAM OVERWR (SPXX) stock?
The MACD indicator for NUVEEN S&P 500 DYNAM OVERWR (SPXX) has a value of 0.185859, indicating a bearish trend.
Can you provide the support and resistance levels for NUVEEN S&P 500 DYNAM OVERWR?
NUVEEN S&P 500 DYNAM OVERWR (SPXX) has a support level at 15.94 and a resistance level at 17.86. Check the full technical report for our detailed analysis of SPXX support and resistance levels.