We assign a technical rating of 5 out of 10 to BUYW. In the last year, BUYW was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- BUYW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, BUYW turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- In the last month BUYW has a been trading in a tight range between 14.27 and 14.39.
Although the technical rating is only medium, BUYW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.27, a Stop Loss order could be placed below this zone.
More info and screens
13.67
We found 1 important support area.
- A support zone ranging from 13.81 to 14.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.32 to 14.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BUYW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BUYW is neutral. |
| ChartMill Relative Strength | 45.75 | NEUTRAL | BUYW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BUYW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUYW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUYW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.61 | NEUTRAL | The RSI value for BUYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BUYW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BUYW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for BUYW suggests low volalility. |
| Average Directional Index/ADX (14) | 20.98 | NEUTRAL | The ADX value for BUYW suggests a possible start of a new trend. |
NYSEARCA:BUYW (1/26/2026, 8:04:00 PM)
14.32
0 (0%)
MAIN BUYWRITE ETF / BUYW FAQ
What is the ChartMill technical rating of MAIN BUYWRITE ETF (BUYW) stock?
ChartMill assigns a technical rating of 5 / 10 to BUYW.
What is the trend direction for BUYW stock?
The current trend direction for MAIN BUYWRITE ETF (BUYW) is Bullish.
Can you provide the RSI signal for MAIN BUYWRITE ETF?
MAIN BUYWRITE ETF (BUYW) has an RSI value of 51.613. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAIN BUYWRITE ETF?
The MACD indicator for MAIN BUYWRITE ETF (BUYW) has a value of -0.00676099, indicating a bearish trend.
Can you provide the support and resistance levels for MAIN BUYWRITE ETF?
MAIN BUYWRITE ETF (BUYW) has a support level at 14.27 and a resistance level at 14.32. Check the full technical report for our detailed analysis of BUYW support and resistance levels.