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Nuveen Municipal Credit Opportunities Fund

NMCO Technical Analysis Summary (NYSE)

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

NMCO●NYSE
Financial ServicesAsset Management
$10.46
$0.01(0.11%)
U.S. Market opens in 4h 39m

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

NMCO Technical Analysis Summary (NYSE)

Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO) stock currently shows a bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 25.16)
Trend Strength:Strong (ADX: 31.23)
Volatility:Low (ATR: 0.08)
Support/Resistance:$10.53 – $11.06 (Bollinger Bands)

Technical conditions suggest Nuveen Municipal Credit Opportunities Fund on the NYSE is awaiting a decisive move. Overall, Nuveen Municipal Credit Opportunities Fund remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 25.16

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 3.85

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.57

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.95

Bearish
Selling pressure outweighs buying.

Takeaway:Nuveen Municipal Credit Opportunities Fund shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.23

Strong
Strong trend, momentum well established.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -201.58

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Nuveen Municipal Credit Opportunities Fund shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.06
Middle Band (SMA 20)
$10.80
Lower Band
$10.53
Current Position
Below Lower Band

Takeaway:Nuveen Municipal Credit Opportunities Fund trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$10.90
Middle Line (EMA 20)
$10.73
Lower Channel
$10.56
Squeeze Status
No Squeeze

Takeaway:Nuveen Municipal Credit Opportunities Fund trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume174.42K
Money Flow Index8.76Bullish, oversold conditions signal rebound potential.
Relative Vigor Index10.29Bearish, price momentum favors sellers.

Overall Takeaway:NMCO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO), 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 Municipal Credit Opportunities Fund are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: NMCO) Technical Analysis FAQ