Nuveen Texas Quality Income Municipal Fd (NTX) Draws Bullish Attention After Forming Double Top

September 17, 2017 - By Winifred Garcia

Investors sentiment decreased to 2.75 in Q4 2016. Its down 0.75, from 3.5 in 2016Q3. It is negative, as 1 investors sold Nuveen Texas Quality Income Municipal Fd shares while 3 reduced holdings. 8 funds opened positions while 3 raised stakes. 368,142 shares or 23.96% less from 484,152 shares in 2016Q3 were reported.
Morgan Stanley holds 37,275 shares or 0% of its portfolio. Rmb Cap Ltd Liability Corp invested in 0.01% or 14,761 shares. Royal National Bank Of Canada reported 432 shares stake. Doliver owns 0.13% invested in Nuveen Texas Quality Income Municipal Fd (NYSE:NTX) for 11,374 shares. Kanaly Tru has 0.02% invested in Nuveen Texas Quality Income Municipal Fd (NYSE:NTX) for 5,559 shares. 2,000 are owned by Pnc Svcs Gp Inc. Atlanta Capital holds 0.1% or 33,621 shares. Fifth Third Fincl Bank reported 500 shares stake. Utd Cap Financial Advisers Limited Company stated it has 11,350 shares or 0% of all its holdings. Whittier Trust Of Nevada invested in 38,666 shares. Lpl Fincl Limited Liability owns 28,791 shares. Landscape Cap Ltd Liability Co holds 0.03% or 17,533 shares. 18,000 were accumulated by Fort Washington Inv Advsr Incorporated Oh. Commercial Bank Of America De holds 0% or 4,171 shares. Next Group owns 2,000 shares for 0% of their portfolio.

The chart of Nuveen Texas Quality Income Municipal Fd (NTX) shows a double top with $14.97 target or 3.00 % above today’s $14.53 share price. The 5 months chart pattern indicates low risk for the $145.70M company. It was reported on Sep, 17 by Finviz.com. If the $14.97 price target is reached, the company will be worth $4.37M more. Double tops are rare but powerful chart patterns.

The stock decreased 0.14% or $0.02 on September 15, reaching $14.53. About 10,190 shares traded. Nuveen Texas Quality Income Municipal Fd (NYSE:NTX) has declined 4.02% since September 17, 2016 and is downtrending. It has underperformed by 20.72% the S&P500.

More recent Nuveen Texas Quality Income Municipal Fd (NYSE:NTX) news were published by: Businesswire.com which released: “Nuveen Texas Quality Municipal Income Fund Announces Intention to Redeem …” on September 01, 2017. Also Marketwatch.com published the news titled: “Nuveen Texas Quality Municipal Income Fund” on June 13, 2011. Businesswire.com‘s news article titled: “Several Nuveen Closed-End Funds Announce Fund Name Changes” with publication date: November 17, 2016 was also an interesting one.

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