RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NRK
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Nuveen New York AMT-Free Municipal stock price ended at $10.87 on Thursday, after gaining 0.0921%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Gain 0.09% PDF

The Nuveen New York AMT-Free Municipal stock price gained 0.0921% on the last trading day (Thursday, 28th Mar 2024), rising from $10.86 to $10.87. During the last trading day the stock fluctuated 0.415% from a day low at $10.84 to a day high of $10.89. The price has been going up and down for this period, and there has been a -0.55% loss for the last 2 weeks. Volume fell on the last day by -183 thousand shares and in total, 63 thousand shares were bought and sold for approximately $682.23 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 stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.85 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 5.45% during the next 3 months and, with a 90% probability hold a price between $11.45 and $11.79 at the end of this 3-month period.

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NRK Signals & Forecast

There are few to no technical positive signals at the moment. The Nuveen New York AMT-Free Municipal stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $10.95 and $10.88. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.90%. 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). 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. The stock had a Golden Star Signal on Tuesday, July 18, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, July 18, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Nuveen New York AMT-Free Municipal stock

Nuveen New York AMT-Free Municipal finds support from accumulated volume at $10.82 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 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 stock During the last day, the stock moved $0.0450 between high and low, or 0.415%. For the last week the stock has had daily average volatility of 0.662%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect Nuveen New York AMT-Free Municipal Income Fund to open at $10.87, and during the day (based on 14 day Average True Range), to move between $10.80 and $10.94, which gives a possible trading interval of +/-$0.0722 (+/-0.66%) up or down from last closing price. If Nuveen New York AMT-Free Municipal Income Fund takes out the full calculated possible swing range there will be an estimated 1.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.90 (0.28%) than the support at $10.82 (0.46%), 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 New York AMT-Free Municipal Income Fund stock A Buy?

The Nuveen New York AMT-Free Municipal stock holds several negative signals and despite the positive trend, we believe Nuveen New York AMT-Free Municipal will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.774 Sell Candidate Unchanged

Predicted Opening Price for Nuveen New York AMT-Free Municipal Income Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$10.87 ( 0.0460%) $10.87

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

Trading levels for NRK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.91 0.368 %
R2 10.89 0.210 %
R1 10.88 0.112 %
Current price: 10.87
Support S1 10.85 -0.204 %
S2 10.84 -0.302 %
S3 10.82 -0.460 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.02 1.38 %
R2 10.97 0.92 %
R1 10.90 0.276 %
Current price 10.87
Support S1 10.82 -0.460%
S2 10.76 -1.01%
S3 10.53 -3.13%

NRK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.0465 0.428%
2 Feb 01, 2024 Feb 14, 2024 Mar 01, 2024 $0.0410 0.379%
3 Jan 02, 2024 Jan 11, 2024 Feb 01, 2024 $0.0410 0.379%
4 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.0410 0.389%
5 Oct 23, 2023 Nov 14, 2023 Dec 01, 2023 $0.0410 0.403%

FAQ

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

Should I buy or sell Nuveen New York AMT-Free Municipal Income Fund Stock?
The Nuveen New York AMT-Free Municipal stock holds several negative signals and despite the positive trend, we believe Nuveen New York AMT-Free Municipal will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Nuveen New York AMT-Free Municipal Income Fund Stock?
Nuveen New York AMT-Free Municipal Income 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 New York AMT-Free Municipal Income Fund Stock.

What's the current price of Nuveen New York AMT-Free Municipal Income Fund Stock?
As of the end of day on the 2024-03-28, the price of an Nuveen New York AMT-Free Municipal Income Fund (NRK) share was $10.87.

What is the 52-week high and low for Nuveen New York AMT-Free Municipal Income Fund Stock?
The 52-week high for Nuveen New York AMT-Free Municipal Income Fund Stock is $11.09 and the 52-week low is $8.95.

What is the market capitalization of Nuveen New York AMT-Free Municipal Income Fund Stock?
As of the 2024-03-28, the market capitalization of Nuveen New York AMT-Free Municipal Income Fund is 948.248M.

When is the next earnings date for Nuveen New York AMT-Free Municipal Income Fund?
The upcoming earnings date for Nuveen New York AMT-Free Municipal Income Fund is Nov 04, 2024.
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About Nuveen New York AMT-Free Municipal Income Fund

Nuveen New York AMT-Free 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 New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regula... NRK Profile

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