NKX Nuveen California AMT-Free Quality Municipal Income Fund Forecast, Technical & Fundamental Analysis
Nuveen California AMT-Free Quality Municipal Income Fund is a diversified closed-end management investment company... Show more
NKX's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for NKX turned positive on June 20, 2025. Looking at past instances where NKX's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NKX's RSI Oscillator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 24, 2025. You may want to consider a long position or call options on NKX as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
NKX moved above its 50-day moving average on June 30, 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 NKX advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NKX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NKX broke above its upper Bollinger Band on June 26, 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.
The Aroon Indicator for NKX entered a downward trend on July 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AULGX | 103.33 | 1.16 | +1.14% |
| American Century Ultra® R5 | |||
| GGLIX | 13.94 | 0.13 | +0.94% |
| abrdn US Sustainable Leaders Instl | |||
| ICTTX | 15.00 | 0.10 | +0.67% |
| ICON Health and Information Tech Inv | |||
| GAOSX | 21.72 | 0.04 | +0.18% |
| JPMorgan Global Allocation I | |||
| BIVSX | 17.76 | -0.09 | -0.50% |
| Invenomic Super Institutional | |||
NKX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NKX has been loosely correlated with CEV. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if NKX jumps, then CEV could also see price increases.