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 expected to rise as it breaks its lower Bollinger Band on April 04, 2025
NEA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 32 cases where NEA's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NEA's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on NEA as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for NEA just turned positive on April 23, 2025. Looking at past instances where NEA's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
NEA moved above its 50-day moving average on May 07, 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 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 .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for NEA moved below the 200-day moving average on April 22, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
The Aroon Indicator for NEA entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RGIVX | 14.01 | 0.06 | +0.43% |
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| VFIAX | 522.74 | -0.28 | -0.05% |
| Vanguard 500 Index Admiral | |||
| VRTTX | 483.05 | -0.28 | -0.06% |
| Vanguard Russell 3000 Index I | |||
| MMOGX | 16.99 | -0.01 | -0.06% |
| MassMutual Small Cap Opps Y | |||
| EVSAX | 22.39 | -0.03 | -0.13% |
| Allspring Disciplined US Core A | |||
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.