Nuveen AMT-Free Municipal Value Fund Technical Analysis (NYSE:NUV)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Nuveen AMT-Free Municipal Value Fund Price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NUV Chart which creates a trading signal.
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 AMT-Free Municipal Value Fund. The technical analysis form of Nuveen AMT-Free Municipal Value Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Nuveen AMT-Free Municipal Value Fund Moving Average
Moving averages show the NUV Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Nuveen AMT-Free Municipal Value Fund are mostly signals of long term trends and will help long term traders.
Nuveen AMT-Free Municipal Value Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Nuveen AMT-Free Municipal Value Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Nuveen AMT-Free Municipal Value Fund bollinger bands show that the Price is $9.51, upper band is 9.59, lower band is 9.46, and the average is 9.53.
Nuveen AMT-Free 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 AMT-Free Municipal Value Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Nuveen AMT-Free Municipal Value Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of NUV stock is 40.23.