NEA Nuveen AMT-Free Quality Municipal Income Fund Forecast, Technical & Fundamental Analysis
Nuveen AMT-Free Municipal Income Fund is a diversified closed-end management investment company... Show more
NEA in upward trend: price rose above 50-day moving average on May 30, 2025
NEA moved above its 50-day moving average on May 30, 2025 date and that indicates a change from a downward trend to an upward trend. In of 31 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 45 cases where NEA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The 10-day moving average for NEA crossed bullishly above the 50-day moving average on May 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NEA advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
NEA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 289 cases where NEA 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 Momentum Indicator moved below the 0 level on May 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NEA as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NEA turned negative on May 21, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Unknown
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|---|---|---|---|
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| MSVYX | 17.25 | -0.03 | -0.17% |
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NEA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NEA has been closely correlated with NAD. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEA jumps, then NAD could also see price increases.