Technical Analysis for NVG - Nuveen Dividend Advantage Municipal Income Fund

Grade Last Price % Change Price Change
D 12.54 -1.95% -0.25
NVG closed down 1.95 percent on Friday, November 1, 2024, on 3.1 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -1.95%
NR7 Range Contraction -0.79%
NR7-2 Range Contraction -0.79%

   Recent Intraday Alerts

Alert Time
Down 2 % about 22 hours ago
Down 2 ATRs about 22 hours ago
60 Minute Opening Range Breakdown 1 day ago
10 DMA Resistance 1 day ago
2x Volume Pace 1 day ago

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Profile

Nuveen Dividend Advantage Municipal Income Fund Description

Nuveen Dividend Advantage Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against Standard & Poor's (S&P) Insured Municipal Bond Index. It was formerly known as Nuveen Insured Dividend Advantage Municipal Fund. Nuveen Dividend Advantage Municipal Income Fund was formed on July 12, 1999 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Bond Mutual Fund Bond Market Dividend Municipal Bond Nuveen Tiaa

Is NVG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.4697
52 Week Low 9.8189
Average Volume 563,838
200-Day Moving Average 12.03
50-Day Moving Average 13.06
20-Day Moving Average 13.02
10-Day Moving Average 12.76
Average True Range 0.15
RSI (14) 32.43
ADX 35.85
+DI 20.95
-DI 31.90
Chandelier Exit (Long, 3 ATRs) 13.00
Chandelier Exit (Short, 3 ATRs) 12.92
Upper Bollinger Bands 13.63
Lower Bollinger Band 12.41
Percent B (%b) 0.11
BandWidth 9.37
MACD Line -0.15
MACD Signal Line -0.08
MACD Histogram -0.0669
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.05
Resistance 3 (R3) 13.10 12.98 12.97
Resistance 2 (R2) 12.98 12.85 12.96 12.94
Resistance 1 (R1) 12.76 12.77 12.70 12.71 12.91
Pivot Point 12.64 12.64 12.61 12.62 12.64
Support 1 (S1) 12.42 12.51 12.36 12.37 12.17
Support 2 (S2) 12.30 12.43 12.28 12.14
Support 3 (S3) 12.08 12.30 12.12
Support 4 (S4) 12.03