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NUVEEN GA QUAL MUNI INC FD (NKG) Stock Technical Analysis

NYSE:NKG - New York Stock Exchange, Inc. - US67072B1070 - Currency: USD

10.1  -0.1 (-0.98%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to NKG. NKG 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.

Warning: NKG has an average volume of 21080 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, NKG outperforms 49% of them, which is more or less in line with the market.
NKG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKG is lagging the market.
In the last month NKG has a been trading in a tight range between 9.83 and 10.23.
Weekly and Daily overview Charts
NUVEEN GA QUAL MUNI INC FD / NKG Weekly stock chart
NUVEEN GA QUAL MUNI INC FD / NKG Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, NKG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.10, 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.
Support and Resistance Analysis

9.64

10.98

2 important support areas can be observed.

  • A support zone ranging from 9.92 to 10.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.74 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 10.13 to 10.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.58 to 10.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.87 from a horizontal line in the daily time frame.
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
CRS49.09
Mansfield-0.71
10 Day High10.23
10 Day Low9.99
20 Day High10.23
20 Day Low9.83
52 Week High11.59
52 Week Low9.4
Performance
1 Week-0.05%
2 Weeks1%
1 Month1.1%
3 Month-2.51%
6 Month4.66%
12 Month-8.68%
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)0.02
RSI(14)53.2
LBB9.9
UBB10.26
NUVEEN GA QUAL MUNI INC FD / NKG Daily stock chart

NUVEEN GA QUAL MUNI INC FD

NYSE:NKG (4/14/2023, 8:04:01 PM)

10.1

-0.1 (-0.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.98%
1 Week-0.05%
2 Weeks1%
1 Month1.1%
3 Month-2.51%
6 Month4.66%
12 Month-8.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.84%
ATR Inc-13.08%
Range Today0.08
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
CRS49.09
Mansfield-0.71
10 Day High10.23
10 Day Low9.99
20 Day High10.23
20 Day Low9.83
52 Week High11.59
52 Week Low9.4
CS1 End10.1
CR1 Start10.13
Volume & EV
DER(3)1.49%
DER(5)1.33%
Volume20.90K
Volume Incr10.05%
Vol(5)19.66K
Vol(50)21.08K