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Nuveen Virginia Premium Income Municipal stock price ended at $11.04 on Wednesday, after gaining 0.373%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 29, 2024 Gain 0.91% PDF

The Nuveen Virginia Premium Income Municipal stock price gained 0.373% on the last trading day (Wednesday, 27th Mar 2024), rising from $11.00 to $11.04. During the last trading day the stock fluctuated 0.455% from a day low at $10.99 to a day high of $11.04. The price has fallen in 5 of the last 10 days and is down by -1.16% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 12 thousand more shares were traded than the day before. In total, 38 thousand shares were bought and sold for approximately $421.15 thousand.

The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.02% during the next 3 months and, with a 90% probability hold a price between $11.24 and $11.65 at the end of this 3-month period.

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NPV Signals & Forecast

The Nuveen Virginia Premium Income Municipal stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $11.02 and $10.97. A breakdown below any of these levels will issue sell signals. Nuveen Virginia Premium Income Municipal has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.16%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Nuveen Virginia Premium Income Municipal stock

Nuveen Virginia Premium Income Municipal finds support from accumulated volume at $10.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0500 between high and low, or 0.455%. For the last week the stock has had daily average volatility of 0.527%.

Our recommended stop-loss: $10.56 (-4.31%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (NPV) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Nuveen Virginia Premium Income Municipal Fund to open at $11.02, and during the day (based on 14 day Average True Range), to move between $10.96 and $11.12, which gives a possible trading interval of +/-$0.0766 (+/-0.69%) up or down from last closing price. If Nuveen Virginia Premium Income Municipal Fund takes out the full calculated possible swing range there will be an estimated 1.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.05 (0.09%) than the support at $10.84 (1.81%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Nuveen Virginia Premium Income Municipal Fund stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nuveen Virginia Premium Income Municipal stock to perform well in the short-term.

Current score: 2.020 Buy Candidate Unchanged

Predicted Opening Price for Nuveen Virginia Premium Income Municipal Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$11.02 ( 0.151%) $11.04

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NPV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.07 0.302 %
R2 11.05 0.129 %
R1 11.04 0.0220 %
Current price: 11.04
Support S1 11.00 -0.324 %
S2 10.99 -0.431 %
S3 10.97 -0.604 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.12 0.725 %
R2 11.07 0.272 %
R1 11.05 0.0906 %
Current price 11.04
Support S1 10.84 -1.81%
S2 10.78 -2.36%
S3 10.69 -3.17%

NPV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.0450 0.408%
2 Feb 01, 2024 Feb 14, 2024 Mar 01, 2024 $0.0365 0.332%
3 Jan 02, 2024 Jan 11, 2024 Feb 01, 2024 $0.0365 0.329%
4 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.0365 0.339%
5 Oct 23, 2023 Nov 14, 2023 Dec 01, 2023 $0.0370 0.347%

FAQ

What is the symbol for Nuveen Virginia Premium Income Municipal Fund Stock and on which exchange is it traded?
The symbol for Nuveen Virginia Premium Income Municipal Fund is NPV and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Nuveen Virginia Premium Income Municipal Fund Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Nuveen Virginia Premium Income Municipal stock to perform well in the short-term.

How to buy Nuveen Virginia Premium Income Municipal Fund Stock?
Nuveen Virginia Premium Income Municipal Fund Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nuveen Virginia Premium Income Municipal Fund Stock.

What's the current price of Nuveen Virginia Premium Income Municipal Fund Stock?
As of the end of day on the 2024-03-27, the price of an Nuveen Virginia Premium Income Municipal Fund (NPV) share was $11.04.

What is the 52-week high and low for Nuveen Virginia Premium Income Municipal Fund Stock?
The 52-week high for Nuveen Virginia Premium Income Municipal Fund Stock is $11.54 and the 52-week low is $8.92.

What is the market capitalization of Nuveen Virginia Premium Income Municipal Fund Stock?
As of the 2024-03-27, the market capitalization of Nuveen Virginia Premium Income Municipal Fund is 197.154M.
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About Nuveen Virginia Premium Income Municipal Fund

Nuveen Virginia Quality 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and Virginia income tax. The fund employs fund... NPV Profile

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