MENU

NMZ Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Top NMZ on June 05, 2025, netting in a 2.92% gain over 1 month

A.I.dvisor
at Tickeron.com
Loading...
+2.92% Gain from a Successful pattern Triangle Symmetrical Top
NMZ - Nuveen Municipal High Income Opportunity Fund
Tickeron
Ticker: NMZ
Company: Nuveen Municipal High Income Opportunity Fund
Gain from shorting: +2.92%
Confirmed: 06/05/25
Succeeded: 07/22/25
Total length: 47 days
On June 05, 2025, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for Nuveen Municipal High Income Opportunity Fund (NMZ, $10.24). On June 05, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 22, 2025, the stock hit the target price of $9.91 – resulting in a gain for traders who shorted the stock on the pattern detection date.

NMZ in -0.60% downward trend, declining for three consecutive days on July 24, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NMZ declined for three days, in of 269 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on July 14, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NMZ as a result. In of 72 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 NMZ turned negative on July 15, 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 .

NMZ moved below its 50-day moving average on July 14, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NMZ crossed bearishly below the 50-day moving average on July 18, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NMZ advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

NMZ 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 276 cases where NMZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

View a ticker or compare two or three
NMZ
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
High Yield Muni
Address
333 West Wacker DriveChicago
Phone
N/A
Web
http://www.nuveen.com/CEF/Default.aspx