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Nuveen California AMT-Free Quality Municipal Income Fund

NKX Technical Analysis Summary (NYSE)

Analyze NKX on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NKX●NYSE
Financial ServicesAsset Management - Income
$12.15
$0.07(0.58%)
U.S. Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NKX Technical Analysis Summary (NYSE)

Nuveen California AMT-Free Quality Municipal Income Fund (NYSE: NKX) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.40)
Trend Strength:Moderate (ADX: 28.58)
Volatility:Low (ATR: 0.10)
Support/Resistance:$11.97 – $12.50 (Bollinger Bands)

Technical conditions suggest Nuveen California AMT-Free Quality Municipal Income Fund on the NYSE is awaiting a decisive move. Technical conditions suggest Nuveen California AMT-Free Quality Municipal Income Fund is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.40

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -64.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.82

Neutral
Price change is minimal.

Takeaway:Nuveen California AMT-Free Quality Municipal Income Fund shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.58

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -82.47

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nuveen California AMT-Free Quality Municipal Income Fund shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.50
Middle Band (SMA 20)
$12.24
Lower Band
$11.97
Current Position
Within Bands

Takeaway:Nuveen California AMT-Free Quality Municipal Income Fund trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$12.45
Middle Line (EMA 20)
$12.25
Lower Channel
$12.04
Squeeze Status
No Squeeze

Takeaway:Nuveen California AMT-Free Quality Municipal Income Fund trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-432.77K
Money Flow Index45.58Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.91Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NKX shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Nuveen California AMT-Free Quality Municipal Income Fund (NYSE: NKX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nuveen California AMT-Free Quality Municipal Income Fund are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: NKX) Technical Analysis FAQ