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NAC:NYSENuveen California Quality Municipal Income Fund analysis

Data as of Oct 1, 2026 - not real-time

Latest price
$10.27
Risk: medium
4/10Medium risk

Summary

The moving-average structure behind Nuveen California Quality Municipal Income Fund is bearish at $10.27, with short-term averages lagging the long-term ones. Across the trailing 30 sessions it lost 13.0%. Momentum indicators put RSI at 25.6 (oversold) with MACD reading bearish. Recent trading has carved out support near $10.19 and resistance around $11.49.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 17.0%, a beta of 0.29 and a maximum drawdown of 16.0%, position sizing matters here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 4/10 conviction on the long call.

Top market events

  • Nuveen California Quality Municipal Income Fund NAC declares $0.
  • CHICAGO, August 31, 2026--The Board of Trustees of five Nuveen closed-end funds have approved changes to each Fund’s...
  • Yahoo Finance1monFive Nuveen Closed-End Funds Announce Name ChangesThe above button links to Coinbase.

Market outlook

Short term

< 1 year

Cautious

Model confidence6/106 out of 10

Key factors

  • Short-term moving averages stacked below long-term ones
  • RSI at 25.6 signals oversold conditions
  • Trading below the 200-day average of 11.75

Medium term

1–3 years

Cautious

Model confidence5/105 out of 10

Key factors

  • Short-term moving averages stacked below long-term ones
  • RSI at 25.6 signals oversold conditions
  • Trading below the 200-day average of 11.75

Long term

> 3 years

Neutral

Model confidence4/104 out of 10

Key factors

  • Short-term moving averages stacked below long-term ones
  • RSI at 25.6 signals oversold conditions
  • 30-day volatility of 17.0%

Key metrics

Closed-end fund metrics

Market Price10.27
Discount/Premium0.00%
Discount TrendStable

Technical analysis

TrendBearish
RSI25.6
Support$10.19
Resistance$11.49
MA 20$10.75
MA 50$11.35
MA 200$11.75
MACDBearish
VolumeIncreasing
Fear & Greed Index92.18

Risk assessment

Beta0.29
Volatility17.00%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.