Why Is Nuveen New York Quality Municipal Income Fund (NYSE: NAN) Stock Up Today?

Nuveen New York Quality Municipal Income Fund (NYSE: NAN) Summary

Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is trading down -1.06% at $11.24, reflecting a negative shift in investor sentiment today. The stock opened at $11.35 and has moved between $11.20 and $11.36 so far.

Trading volume is 91043, which is 35% above its average, and the price action suggests selling interest.

Technically, NAN on the NYSE is trading below its 50-day moving average of $11.53 and below its 200-day moving average of $11.46, indicating short-term and long-term weakness.

Meyka's AI assigns NAN a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +0.71% in 1 month ($11.32), +3.67% in 1 year ($11.65), and +3.50% in 5 years ($11.63).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
Stay informed and make better investment decisions.