Nuveen Municipal High Income Opportunity Fund (NMZ) Technical Analysis: Signals, Charts & Indicators

4.06 / 10

Netural

Technically, NMZ presents a neutral profile with a composite score of 4.06/10. The MACD Golden Cross suggests a potential bullish crossover, yet this is offset by overbought RSI levels and a bearish engulfing candlestick pattern. The conflicting signals result in an overall neutral outlook, indicating that price direction is unclear and further confirmation is needed before taking decisive action.

Analysis Checks(2/5)

RSI Overbought

Score3.66/10

Win Rate50.00%

Hist. Signals8

Avg Return-0.15%

WR Oversold

Score2.82/10

Win Rate50.00%

Hist. Signals48

Avg Return-0.35%

Bearish Engulfing

Score7.44/10

Win Rate100.00%

Hist. Signals4

Avg Return0.62%

MACD Golden Cross

Score5.38/10

Win Rate57.14%

Hist. Signals7

Avg Return0.15%

RSI Oversold

Score1/10

Win Rate33.33%

Hist. Signals18

Avg Return-0.64%

What is the current technical signals for NMZ?

NMZ presents a Netural setup with a Technical Score of 4.06/10. Key technical indicators highlight an RSI of 62.02 and a MACD of 0.04, with the trend anchored by the 50-Day SMA at 10.41. Traders should monitor key support at 10.51 and resistance at 10.56.