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Nuveen Multi-asset Income Fund | NMAI

Daily Technical Analysis of Nuveen Multi-asset Income Fund

Nuveen Multi-assetme Fund is only slightly up on the day, shares traded 0.08% higher on the day. It looks like NMAI may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line NMAI is near a weak support line. We'll see if it bounces off or heads lower. NMAI hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't shown the selling pressure to make me feel certain it will break through the line.

If we get a reversal off of support and Nuveen Multi-assetme Fund starts moving up, it can probably get to $12.67 at which point it'll need to break through that resistance level in order to keep moving higher. If it punches through this support level, it can easily push down to $11.02 where it may meet further support, hopefully it can consolidate around that point.


Last analyzed on 2025-03-31

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Research

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