NUVEEN MA QLTY MUNI INC (NMT) Stock Technical Analysis
NYSE:NMT - New York Stock Exchange, Inc. - US67061E1047 - Currency: USD
We assign a technical rating of 5 out of 10 to NMT. Although NMT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, NMT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.72, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NMT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
10.96
2 important support areas can be observed.
- A support zone ranging from 11.29 to 11.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.07 to 11.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.75 to 11.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSE:NMT (4/28/2025, 4:15:01 PM)
11.72
+0.15 (+1.3%)