MAIN BUYWRITE ETF (BUYW) Stock Technical Analysis
USA - NYSEARCA:BUYW - US66538H1793 - ETF
Overall BUYW gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BUYW is only an average performer.
BUYW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.20, a Stop Loss order could be placed below this zone.
More info and screens
13.67
2 important support areas can be observed.
- A support zone ranging from 14.04 to 14.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @13.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.22 to 14.35. 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 | 41.48 | NEUTRAL | BUYW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BUYW is below the rising 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) | 49.56 | NEUTRAL | The RSI value for BUYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BUYW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for BUYW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for BUYW suggests low volalility. |
| Average Directional Index/ADX (14) | 11.46 | NEGATIVE | The low ADX value for BUYW suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.24 | 14.14 | 0.10 (0.69%) | 25.00% |
| An entry @14.24. This is a Buy Stop order right above the 10 day moving average. | An exit @14.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 0.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- The distance between exit and entry is rather small compared to the average daily movement of BUYW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:BUYW (10/24/2025, 8:11:55 PM)
14.21
-0.06 (-0.42%)
MAIN BUYWRITE ETF / BUYW FAQ
What is the ChartMill technical rating of MAIN BUYWRITE ETF (BUYW) stock?
ChartMill assigns a technical rating of 6 / 10 to BUYW.
Can you provide the trend direction for MAIN BUYWRITE ETF?
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 49.5597. This indicates that the stock is currently neutral.
What is the short term momentum for BUYW stock?
The short term momentum for MAIN BUYWRITE ETF (BUYW) is neutral.