NYSE Stock BXMX Historical charts - Nuveen S&P 500 Buy-Write Income Fund

Historical charts for Stock BXMX - Share Nuveen S&P 500 Buy-Write Income Fund trades in NYSE under N A Deals in N A

Technical analysis forecast for BXMX Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT BXMX BXMX at this time. Stock is falling and might fall more.

It appears as if BXMX BXMX gave a large move recently.

Stock of BXMX (BXMX) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of BXMX is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if BXMX stays below 14.1, but if it comes above 14.1, then a intra day buy could be more profitable.
If you take a sell trade below 14.1, then use 14.1 as stoploss and 14 as target. However if you take a buy trade in BXMX, then use 14.1 as stoploss and 14.14 as target.

Tomorrow's movement Prediction of BXMX appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of BXMX is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Munafa value: 49

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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