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AI Analysis of NUV
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Nuveen AMT-Free Municipal Value Fund stock price ended at $8.70 on Wednesday, after gaining 0.694%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 18, 2024 Gain 0.23% PDF

The Nuveen AMT-Free Municipal Value Fund stock price gained 0.694% on the last trading day (Wednesday, 27th Mar 2024), rising from $8.64 to $8.70. During the last trading day the stock fluctuated 0.230% from a day low at $8.68 to a day high of $8.70. The price has fallen in 6 of the last 10 days and is down by -0.23% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 48 thousand more shares were traded than the day before. In total, 329 thousand shares were bought and sold for approximately $2.86 million.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Nuveen AMT-Free Municipal Value Fund stock with a 90% probability to be traded between $8.67 and $8.99 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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NUV Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 0.81%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nuveen AMT-Free Municipal Value Fund stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $8.73. On a fall, the stock will find some support from the short-term average at $8.65. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Nuveen AMT-Free Municipal Value Fund stock

Nuveen AMT-Free Municipal Value Fund finds support from accumulated volume at $8.69 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 $0.0200 between high and low, or 0.230%. For the last week the stock has had daily average volatility of 0.438%.

Our recommended stop-loss: $8.20 (-5.75%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Nuveen AMT-Free Municipal Value Fund to open at $8.69, and during the day (based on 14 day Average True Range), to move between $8.65 and $8.75, which gives a possible trading interval of +/-$0.0545 (+/-0.63%) up or down from last closing price. If Nuveen AMT-Free Municipal Value Fund takes out the full calculated possible swing range there will be an estimated 1.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.69 (0.11%) than the resistance at $8.74 (0.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Nuveen AMT-Free Municipal Value Fund stock A Buy?

Nuveen AMT-Free Municipal Value Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.987 Hold/Accumulate Unchanged

Predicted Opening Price for Nuveen AMT-Free Municipal Value Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$8.69 ( 0.0766%) $8.70

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

Trading levels for NUV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.71 0.153 %
R2 8.71 0.0654 %
R1 8.70 0.0112 %
Current price: 8.70
Support S1 8.69 -0.164 %
S2 8.68 -0.219 %
S3 8.67 -0.307 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.81 1.26 %
R2 8.80 1.15 %
R1 8.74 0.460 %
Current price 8.70
Support S1 8.69 -0.115%
S2 8.67 -0.345%
S3 8.66 -0.460%

NUV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.0290 0.333%
2 Feb 01, 2024 Feb 14, 2024 Mar 01, 2024 $0.0290 0.334%
3 Jan 11, 2024 Jan 11, 2024 Feb 01, 2024 $0.0290 0.325%
4 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.0290 0.337%
5 Oct 23, 2023 Nov 14, 2023 Dec 01, 2023 $0.0290 0.341%

FAQ

What is the symbol for Nuveen AMT-Free Municipal Value Fund Stock and on which exchange is it traded?
The symbol for Nuveen AMT-Free Municipal Value Fund is NUV and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Nuveen AMT-Free Municipal Value Fund Stock?
Nuveen AMT-Free Municipal Value Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Nuveen AMT-Free Municipal Value Fund Stock?
Nuveen AMT-Free Municipal Value 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 AMT-Free Municipal Value Fund Stock.

What's the current price of Nuveen AMT-Free Municipal Value Fund Stock?
As of the end of day on the 2024-03-27, the price of an Nuveen AMT-Free Municipal Value Fund (NUV) share was $8.70.

What is the 52-week high and low for Nuveen AMT-Free Municipal Value Fund Stock?
The 52-week high for Nuveen AMT-Free Municipal Value Fund Stock is $9.08 and the 52-week low is $7.86.

What is the market capitalization of Nuveen AMT-Free Municipal Value Fund Stock?
As of the 2024-03-27, the market capitalization of Nuveen AMT-Free Municipal Value Fund is 1.806B.

When is the next earnings date for Nuveen AMT-Free Municipal Value Fund?
The upcoming earnings date for Nuveen AMT-Free Municipal Value Fund is Jul 08, 2024.
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About Nuveen AMT-Free Municipal Value Fund

Nuveen Municipal Value Fund, Inc. 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 also invests some portion of its portfolio in derivative instruments. It invests in undervalued municipal securities and other related investments the income, exempt from regular fe... NUV Profile

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