NKX:NYSENuveen California AMT-Free Quality Municipal Income Fund analysis
Data as of Oct 5, 2026 - not real-time
- Latest price
- $10.45
- Risk: medium
- 4/10Medium risk
Summary
At $10.45, Nuveen California AMT-Free Quality Municipal Income Fund shows a bearish moving-average alignment, with shorter averages beneath longer ones. The last 30 days have lost 14.0%. RSI sits at 15.9, which reads as oversold, and MACD momentum is bearish. Watch $10.33 as support and $11.98 as the nearer resistance level.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 12.5%, a beta of 0.30 and a maximum drawdown of 20.5%, position sizing matters here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 4/10 long-term conviction.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 12.5%, a beta of 0.30 and a maximum drawdown of 20.5%, position sizing matters here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 4/10 long-term conviction.
Top market events
- Nuveen AMT-Free Quality Municipal Income Fund NEA declares $0.
- Seeking Alpha2monNEA: Rate Conditions May Limit The Price Potential For Muni FundNuveen AMT-Free Quality Municipal...
- CHICAGO, August 31, 2026--The Board of Trustees of five Nuveen closed-end funds have approved changes to each Fund’s...
Market outlook
Short term
< 1 yearCautious
Model confidence6/106 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- RSI at 15.9 signals oversold conditions
- Trading below the 200-day average of 12.34
Medium term
1–3 yearsCautious
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- RSI at 15.9 signals oversold conditions
- Trading below the 200-day average of 12.34
Long term
> 3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- Maximum drawdown of 20.5%
- Short-term moving averages stacked below long-term ones
- RSI at 15.9 signals oversold conditions
Key metrics
Closed-end fund metrics
Market Price10.448
Discount/Premium0.00%
Discount TrendStable
Technical analysis
TrendBearish
RSI15.9
Support$10.33
Resistance$11.98
MA 20$11.12
MA 50$11.75
MA 200$12.34
MACDBearish
VolumeIncreasing
Fear & Greed Index93.63
Risk assessment
Beta0.30
Volatility12.51%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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closed_end_fundThis 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.