NAN Nuveen New York Quality Municipal Income Fund Forecast, Technical & Fundamental Analysis
Nuveen New York Quality Municipal Income Fund is a diversified closed-end management investment company... Show more
NAN in upward trend: 10-day moving average moved above 50-day moving average on May 19, 2025
The 10-day moving average for NAN crossed bullishly above the 50-day moving average on May 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 16, 2025. You may want to consider a long position or call options on NAN as a result. In of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
NAN moved above its 50-day moving average on May 15, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NAN advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 243 cases where NAN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NAN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NAN broke above its upper Bollinger Band on May 29, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
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NAN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NAN has been closely correlated with MHN. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if NAN jumps, then MHN could also see price increases.