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NUVEEN MUNICIPAL CREDIT OPP (NMCO) Stock Technical Analysis

NYSE:NMCO - New York Stock Exchange, Inc. - US6706631032 - Currency: USD

11.11  +0.03 (+0.27%)

Technical Rating and Analysis

4

Overall NMCO gets a technical rating of 4 out of 10. In the past year, NMCO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

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.
When comparing the performance of all stocks over the past year, NMCO turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
NMCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NMCO is lagging the market.
In the last month NMCO has a been trading in a tight range between 10.69 and 11.24.
Weekly and Daily overview Charts
NUVEEN MUNICIPAL CREDIT OPP / NMCO Weekly stock chart
NUVEEN MUNICIPAL CREDIT OPP / NMCO Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, NMCO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.06, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.29

11.39

We found 2 important support areas.

  • A support zone ranging from 10.76 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.39 to 10.47. 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 11.13 to 11.28. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS54.34
Mansfield-0.79
10 Day High11.24
10 Day Low10.96
20 Day High11.24
20 Day Low10.69
52 Week High12.2
52 Week Low10.01
Performance
1 Week0.27%
2 Weeks-0.72%
1 Month2.12%
3 Month0.64%
6 Month-3.06%
12 Month6.13%
2 Year-0.36%
3 Year-22.3%
5 Year-27.58%
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)-0.01
RSI(14)54.96
LBB11.01
UBB11.25
NUVEEN MUNICIPAL CREDIT OPP / NMCO Daily stock chart

NUVEEN MUNICIPAL CREDIT OPP

NYSE:NMCO (2/21/2025, 1:34:08 PM)

11.11

+0.03 (+0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week0.27%
2 Weeks-0.72%
1 Month2.12%
3 Month0.64%
6 Month-3.06%
12 Month6.13%
2 Year-0.36%
3 Year-22.3%
5 Year-27.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.12%
ATR Inc18.74%
Range Today0.06
ADR(20)0.12
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.34
Mansfield-0.79
10 Day High11.24
10 Day Low10.96
20 Day High11.24
20 Day Low10.69
52 Week High12.2
52 Week Low10.01
CS1 End11.06
CR1 Start11.13
Volume & EV
DER(3)1.24%
DER(5)0.14%
Volume65.64K
Volume Incr16.99%
Vol(5)156.56K
Vol(50)235.98K