In its latest trading session, Nuveen New York Municipal Value Fund, Inc. (NYSE:NNY) dropped by -0.4% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.063, an Accumulation/Distribution Index (ADI) of 0.063, an On-Balance Volume (OBV) of 202.856, and a Chaiikin Money Flow (CMF) of 10.49. 11.0
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Nuveen New York Municipal Value Fund, Inc. (NYSE:NNY). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.