At the time of writing, the 14-day ADX for Nuveen AMT-Free Municipal Credit Income Fund (NVG) is 38.80. The MFI can become overbought, and prices can simply continue higher when the uptrend is strong. Once you've confirmed the trend by recognizing price as being below or above the cloud, you can move to the moving averages. At this point in time, investors may have to make the tough decision whether to be fully invested in the stock market, or keep some cash handy on the sidelines. This represents a $0.63 dividend on an annualized basis and a dividend yield of 7.26%. The stock had a trading volume of 30,214 shares.
Nuveen Arizona Quality Municipal Income Fund, formerly Nuveen Arizona Premium Income Municipal Fund, is a diversified, closed-end management investment company. Royal Bank & Trust Of Canada has invested 0% of its portfolio in Nuveen Preferred Income Opportunities Fd (NYSE:JPC). The ATR is not used to figure out price direction, just to measure volatility. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions.
iShares Morningstar Large Growth Index Fund (JKE)'s Williams Percent Range or 14 day Williams %R is sitting at -21.97. Normal oscillations tend to stay in the range of -100 to +100. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. In general, if the reading goes above -20, the stock may be considered to be overbought. Crossing the 80 mark would suggest that a chance of a reversal is increasing.
We can also take a look at the Average Directional Index or ADX of Velan Inc (VLN.TO). The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) New York Municipal Bond Index and the Standard & Poor's (S&P) Insured National Municipal Bond Index. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A value of 25-50 would support a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.
Nuveen California AMT-Free Quality Municipal Income Fund (NKX) now has a 14-day Commodity Channel Index (CCI) of 106.82. Despite the name, CCI can be used on other investment tools such as stocks. A reading from -80 to -100 would signal an oversold situation. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally. Benjamin F. Edwards & Company, Inc. controls 4,629 shares valued at $60,000. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 38.65, the 7-day stands at 35.89, and the 3-day is sitting at 37.84. Many investors look to the Relative Strength Index (RSI) reading of a particular stock to help identify overbought/oversold conditions. The RSI oscillates on a scale from 0 to 100. The opposite would be the case for a falling ADX line. Like the RSI, this indicator is best used in conjunction with another indicator as confirmation. Typically, if the value heads above -20, the stock may be considered to be overbought. Traders may use these levels to help identify stock price reversals.