NHYM Nuveen High Yield Municipal Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide high current income exempt from regular federal income taxes; capital appreciation is a secondary objective when consistent with the fund's primary objective... Show more
NHYM's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for NHYM turned positive on October 15, 2025. Looking at past instances where NHYM's MACD turned positive, the stock continued to rise in of 5 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NHYM advanced for three days, in of 33 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 11 cases where NHYM 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 NHYM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NHYM broke above its upper Bollinger Band on October 10, 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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