Logo image of NJV

Nuveen New Jersey Muni Value Fund (NJV) Stock Technical Analysis

NYSEARCA:NJV - NYSE Arca -

14.52  +0.06 (+0.41%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to NJV. Although NJV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, NJV is a bad performer in the overall market: 87% of all stocks are doing better.
Warning: NJV has an average volume of 4322 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
NJV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NJV is lagging the market slightly.
In the last month NJV has a been trading in a tight range between 14.18 and 14.90.
Weekly and Daily overview Charts
Nuveen New Jersey Muni Value Fund / NJV Weekly stock chart
Nuveen New Jersey Muni Value Fund / NJV Daily stock chart
Setup Rating and Analysis

6

NJV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

13.61

14.95

We found 1 important support area.

  • A support zone ranging from 13.75 to 14.49. 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 14.54 to 14.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.08
Mansfield-0.78
10 Day High14.9
10 Day Low14.41
20 Day High14.9
20 Day Low14.18
52 Week High14.9
52 Week Low10.84
Performance
1 Week-1.25%
2 Weeks-1.36%
1 Month2.25%
3 Month2.47%
6 Month4.84%
12 Month2.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)52.42
LBB14.41
UBB14.8
Nuveen New Jersey Muni Value Fund / NJV Daily stock chart

Nuveen New Jersey Muni Value Fund

NYSEARCA:NJV (3/5/2021, 8:04:01 PM)

14.52

+0.06 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.41%
1 Week-1.25%
2 Weeks-1.36%
1 Month2.25%
3 Month2.47%
6 Month4.84%
12 Month2.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.03%
ATR Inc-28.51%
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
CRS13.08
Mansfield-0.78
10 Day High14.9
10 Day Low14.41
20 Day High14.9
20 Day Low14.18
52 Week High14.9
52 Week Low10.84
CS1 End14.49
CR1 Start14.54
Volume & EV
DER(3)0%
DER(5)0%
Volume3.20K
Volume Incr-49.49%
Vol(5)3.27K
Vol(50)4.32K