NUVEEN TAXABLE MUNICIPAL INC (NBB) Stock Technical Analysis
NYSE:NBB - New York Stock Exchange, Inc. - US67074C1036 - Currency: USD
Overall NBB gets a technical rating of 1 out of 10. NBB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NBB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NBB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.43
2 important support areas can be observed.
- A support zone ranging from 14.82 to 15.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.60 to 16.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NYSE:NBB (4/25/2025, 8:25:42 PM)
15.46
+0.18 (+1.18%)