After completing its last trading session, Nuveen Quality Municipal Income Fund (NYSE:NAD) spiked up by 0.7% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most interesting and telling are these ones:
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 0.045, an Accumulation/Distribution Index (ADI) of 0.045, an On-Balance Volume (OBV) of 305.917, and a Chaiikin Money Flow (CMF) of -14.55. 2.011
Now let’s plug these indicators in. According to Trading View, this is what it all means:
So there you have it – our analysis of Nuveen Quality Municipal Income Fund (NYSE:NAD). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.