NUHY Stock Nuveen ESG High Yield Corporate Bd ETF (NUHY, $21.41) price may climb as it broke lower Bollinger Band on Oct 04, 2024

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NUHY - Nuveen ESG High Yield Corporate Bd ETF

Bollinger signal

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Odds of UP Trend

Price: $21.41

Daily change: -$0.08 (-0.37%)

Daily volume: 56.3K

Net Assets: $90.2M

NUHY in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 04, 2024

NUHY 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 46 cases where NUHY'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 Momentum Indicator moved above the 0 level on October 18, 2024. You may want to consider a long position or call options on NUHY 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NUHY advanced for three days, in of 344 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 256 cases where NUHY 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 10-day RSI Indicator for NUHY moved out of overbought territory on October 01, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Moving Average Convergence Divergence Histogram (MACD) for NUHY turned negative on September 25, 2024. 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 NUHY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .