NMI Nuveen Municipal Income Forecast, Technical & Fundamental Analysis
Nuveen Municipal Income Fund Inc is a diversified closed-end management investment company... Show more
NMI in upward trend: price rose above 50-day moving average on May 29, 2025
NMI moved above its 50-day moving average on May 29, 2025 date and that indicates a change from a downward trend to an upward trend. In of 41 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 Momentum Indicator moved above the 0 level on June 17, 2025. You may want to consider a long position or call options on NMI as a result. In of 88 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 NMI just turned positive on June 17, 2025. Looking at past instances where NMI's MACD turned positive, the stock continued to rise in of 53 cases 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 NMI advanced for three days, in of 274 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 220 cases where NMI 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 1 day. 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 NMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NMI broke above its upper Bollinger Band on June 26, 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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NMI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NMI has been loosely correlated with NEA. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if NMI jumps, then NEA could also see price increases.