NEA Nuveen AMT-Free Quality Municipal Income Fund Forecast, Technical & Fundamental Analysis

NEA in upward trend: 10-day moving average moved above 50-day moving average on May 14, 2025

The 10-day moving average for NEA crossed bullishly above the 50-day moving average on May 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 09, 2025. You may want to consider a long position or call options on NEA as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NEA just turned positive on June 10, 2025. Looking at past instances where NEA's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

NEA moved above its 50-day moving average on June 04, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NEA advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 287 cases where NEA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NEA broke above its upper Bollinger Band on June 11, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.