We assign a technical rating of 1 out of 10 to BUYW. BUYW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, BUYW does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.11, a Stop Loss order could be placed below this zone.
More info and screens
13.67
We found 2 important support areas.
- A support zone ranging from 14.11 to 14.17. 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.
We found 1 important resistance area.
- A resistance zone ranging from 14.19 to 14.28. 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 | NEUTRAL | NEUTRAL | The long term trend for BUYW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUYW is down. |
| ChartMill Relative Strength | 52.71 | 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) | DOWN | NEGATIVE | The current price of BUYW is below a declining 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) | 40.63 | 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. |
| Stochastics (14,3) | 23.7 | NEUTRAL | The Stochastics value for BUYW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for BUYW suggests low volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for BUYW suggests a weak or negative trend. |
NYSEARCA:BUYW (11/24/2025, 3:27:04 PM)
14.18
+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 1 / 10 to BUYW.
Can you provide the trend direction for MAIN BUYWRITE ETF?
The current trend direction for MAIN BUYWRITE ETF (BUYW) is Bearish.
Can you provide the RSI signal for MAIN BUYWRITE ETF?
MAIN BUYWRITE ETF (BUYW) has an RSI value of 40.6272. 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 negative.