Nuveen California Municipal Value Fund Technical Analysis (NYSE:NCA)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Nuveen California Municipal Value Fund Price data and volume are plotted in NCA Charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Nuveen California Municipal Value Fund. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Nuveen California Municipal Value Fund Analysis.
Nuveen California Municipal Value Fund Moving Average
Moving averages help predict the price direction of NCA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $9.51 is below the price of $9.55.
Nuveen California Municipal Value Fund Bollinger Bands
Bollinger bands comprise of a center line usually NCA SMA, and two NCA Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. The Price is trading between the average and the upper band in the context of Nuveen California Municipal Value Fund bollinger bands.
Nuveen California Municipal Value Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Nuveen California Municipal Value Fund MACD line is below the signal line.
Nuveen California Municipal Value Fund Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of NCA stock is 58.43.