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AI Analysis of NUMV
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Green day on Thursday for Nuveen ESG Mid-Cap Value ETF after gaining 0.588%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 9.62% PDF

The Nuveen ESG Mid-Cap Value ETF price gained 0.588% on the last trading day (Thursday, 28th Mar 2024), rising from $34.00 to $34.20. During the last trading day the ETF fluctuated 0.675% from a day low at $34.08 to a day high of $34.31. The price has risen in 7 of the last 10 days and is up by 4.55% over the past 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 28 thousand shares were bought and sold for approximately $944.91 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $34.53 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 9.48% during the next 3 months and, with a 90% probability hold a price between $35.97 and $37.80 at the end of this 3-month period.

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NUMV Signals & Forecast

The Nuveen ESG Mid-Cap Value ETF 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 $33.66 and $32.45. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 17, 2024, and so far it has risen 12.50%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Nuveen ESG Mid-Cap Value ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $31.43 and $31.20. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Nuveen ESG Mid-Cap Value finds support just below today's level at $31.43. If this is broken, then the next support from accumulated volume will be at $31.20 and $30.79.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.230 between high and low, or 0.675%. For the last week the ETF has had daily average volatility of 0.91%

Our recommended stop-loss: $33.15 (-3.08%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 50 days ago.)

Trading Expectations (NUMV) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Nuveen ESG Mid-Cap Value ETF to open at $34.20, and during the day (based on 14 day Average True Range), to move between $33.87 and $34.53, which gives a possible trading interval of +/-$0.329 (+/-0.96%) up or down from last closing price. If Nuveen ESG Mid-Cap Value ETF takes out the full calculated possible swing range there will be an estimated 1.92% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $31.43, some $2.77 (8.10%) from the current price of $34.20, our system finds the risk reward attractive.

Is Nuveen ESG Mid-Cap Value ETF ETF A Buy?

Nuveen ESG Mid-Cap Value holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 5.989 Strong Buy Candidate Unchanged

Predicted Opening Price for Nuveen ESG Mid-Cap Value ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$34.20 ( 0.0097%) $34.20

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

Trading levels for NUMV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.43 0.663 %
R2 34.34 0.406 %
R1 34.28 0.247 %
Current price: 34.20
Support S1 34.11 -0.267 %
S2 34.05 -0.425 %
S3 33.97 -0.682 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 34.20
Support S1 31.43 -8.10%
S2 31.20 -8.77%
S3 30.79 -9.97%

NUMV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 14, 2023 Dec 14, 2023 Dec 14, 2023 $0.694 2.21%
2 Dec 14, 2022 Dec 15, 2022 Dec 19, 2022 $1.72 5.86%
3 Dec 15, 2021 Dec 16, 2021 Dec 20, 2021 $2.45 6.96%
4 Dec 16, 2020 Dec 17, 2020 Dec 21, 2020 $0.416 1.40%
5 Dec 26, 2019 Dec 27, 2019 Dec 31, 2019 $0.724 2.40%

FAQ

What is the symbol for Nuveen ESG Mid-Cap Value ETF ETF and on which exchange is it traded?
The symbol for Nuveen ESG Mid-Cap Value ETF is NUMV and it is traded on the BATS (BATS Global Markets).

Should I buy or sell Nuveen ESG Mid-Cap Value ETF ETF?
Nuveen ESG Mid-Cap Value holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy Nuveen ESG Mid-Cap Value ETF ETF?
Nuveen ESG Mid-Cap Value ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nuveen ESG Mid-Cap Value ETF ETF.

What's the current price of Nuveen ESG Mid-Cap Value ETF ETF?
As of the end of day on the 2024-03-28, the price of an Nuveen ESG Mid-Cap Value ETF (NUMV) share was $34.20.

What is the 52-week high and low for Nuveen ESG Mid-Cap Value ETF ETF?
The 52-week high for Nuveen ESG Mid-Cap Value ETF ETF is $34.31 and the 52-week low is $26.37.

What is the market capitalization of Nuveen ESG Mid-Cap Value ETF ETF?
As of the 2024-03-28, the market capitalization of Nuveen ESG Mid-Cap Value ETF is 372.159M.
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