SmarTrend identified an Uptrend for Nuveen Municipal High Income Opportunity Fund (AMEX:NMZ) on December 12th, 2011 at $12.30. In approximately 12 months, Nuveen Municipal High Income Opportunity Fund has returned 16.14% as of today's recent price of $14.28.

Over the past year, Nuveen Municipal High Income Opportunity Fund has traded in a range of $11.98 to $14.36 and is now at $14.28, 19% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.

Nuveen Municipal High Income Opportunity Fund is a diversified, closed-end management investment company incorporated in the USA. The Fund's primary investment objective is to provide high current income exempt from regular federal income tax. The Fund will invest its Managed Assets in a portfolio of municipal securities that pay interest exempt from tax.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nuveen Municipal High Income Opportunity Fund shares.

Log in and add Nuveen Municipal High Income Opportunity Fund (NMZ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.