Logo image of NMI

NUVEEN MUNICIPAL INCOME (NMI) Stock Technical Analysis

NYSE:NMI - New York Stock Exchange, Inc. - US67062J1025 - Currency: USD

9.94  +0.04 (+0.4%)

Technical Rating and Analysis

5

Taking everything into account, NMI scores 5 out of 10 in our technical rating. NMI 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, NMI outperforms 61% of them, which is more or less in line with the market.
NMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NMI is lagging the market.
In the last month NMI has a been trading in a tight range between 9.54 and 9.94.
Weekly and Daily overview Charts
NUVEEN MUNICIPAL INCOME / NMI Weekly stock chart
NUVEEN MUNICIPAL INCOME / NMI Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, NMI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.85, 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

9.09

10.37

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 9.36 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.18 to 9.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 10.01 to 10.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 10.24 to 10.27. This zone is formed by a combination of multiple trend lines 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
CRS61.09
Mansfield-0.69
10 Day High9.94
10 Day Low9.66
20 Day High9.94
20 Day Low9.54
52 Week High10.3
52 Week Low9.11
Performance
1 Week0%
2 Weeks1.02%
1 Month3.02%
3 Month4.39%
6 Month-1.88%
12 Month7.14%
2 Year3.77%
3 Year-4.62%
5 Year-13.65%
10 Year-17.15%
15 Year-10.97%
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
RSI(14)62.35
LBB9.74
UBB9.92
NUVEEN MUNICIPAL INCOME / NMI Daily stock chart

NUVEEN MUNICIPAL INCOME

NYSE:NMI (2/20/2025, 3:18:37 PM)

9.94

+0.04 (+0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.4%
1 Week0%
2 Weeks1.02%
1 Month3.02%
3 Month4.39%
6 Month-1.88%
12 Month7.14%
2 Year3.77%
3 Year-4.62%
5 Year-13.65%
10 Year-17.15%
15 Year-10.97%
Volatility
ATR(14)0.12
ATR(20)%1.23%
ATR Inc69.14%
Range Today0.05
ADR(20)0.12
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.09
Mansfield-0.69
10 Day High9.94
10 Day Low9.66
20 Day High9.94
20 Day Low9.54
52 Week High10.3
52 Week Low9.11
CS1 End9.85
CR1 Start10.01
Volume & EV
DER(3)2.7%
DER(5)-4.57%
Volume30.19K
Volume Incr13.41%
Vol(5)25.24K
Vol(50)30.61K