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Nuveen High Yield Municipal Bond Fund Class R6

NHMFX Technical Analysis Summary (NASDAQ)

Analyze NHMFX on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NHMFX●NASDAQ
Financial ServicesAsset Management - Bonds
$14.10
$0.04(0.28%)
U.S. Market opens in 63h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NHMFX Technical Analysis Summary (NASDAQ)

Nuveen High Yield Municipal Bond Fund Class R6 (NASDAQ: NHMFX) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.05)
Trend Strength:Moderate (ADX: 26.70)
Volatility:Low (ATR: 0.03)
Support/Resistance:$14.08 – $14.29 (Bollinger Bands)

Technical conditions suggest Nuveen High Yield Municipal Bond Fund Class R6 on the NASDAQ is awaiting a decisive move. This mix signals that Nuveen High Yield Municipal Bond Fund Class R6 is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 36.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.54

Bullish
Oversold zone signals rebound potential.

Williams %R: -89.47

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.21

Neutral
Price change is minimal.

Takeaway:Nuveen High Yield Municipal Bond Fund Class R6 shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.70

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -110.98

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Nuveen High Yield Municipal Bond Fund Class R6 shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.29
Middle Band (SMA 20)
$14.18
Lower Band
$14.08
Current Position
Within Bands

Takeaway:Nuveen High Yield Municipal Bond Fund Class R6 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$14.26
Middle Line (EMA 20)
$14.19
Lower Channel
$14.13
Squeeze Status
No Squeeze

Takeaway:Nuveen High Yield Municipal Bond Fund Class R6 trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.80Bearish, price momentum favors sellers.

Overall Takeaway:NHMFX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nuveen High Yield Municipal Bond Fund Class R6 (NASDAQ: NHMFX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nuveen High Yield Municipal Bond Fund Class R6 are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: NHMFX) Technical Analysis FAQ