BNY MELLON STRATEGIC MUNI (LEO) Stock Technical Analysis
NYSE:LEO - New York Stock Exchange, Inc. - US05588W1080 - Currency: USD
Overall LEO gets a technical rating of 1 out of 10. LEO 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
LEO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
LEO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When compared to the yearly performance of all other stocks, LEO outperforms 49% of them, which is more or less in line with the market.
Although the technical rating is bad, LEO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.76, a Stop Loss order could be placed below this zone.
More info and screens
5.57
6.48
When analyzing the support we notice one important area.
- A support zone ranging from 5.63 to 5.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.03 to 6.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.42 to 6.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.8
Mansfield-0.36
10 Day High5.88
10 Day Low5.55
20 Day High6.22
20 Day Low5.55
52 Week High6.64
52 Week Low5.55
Performance
1 Week0.34%
2 Weeks3.37%
1 Month-4.43%
3 Month-4.74%
6 Month-7.02%
12 Month-0.34%
2 Year-7.75%
3 Year-16.6%
5 Year-18.92%
10 Year-29.84%
15 Year-31.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)43.79
LBB5.59
UBB5.97
NYSE:LEO (4/25/2025, 8:20:06 PM)
5.83
+0.01 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week0.34%
2 Weeks3.37%
1 Month-4.43%
3 Month-4.74%
6 Month-7.02%
12 Month-0.34%
2 Year-7.75%
3 Year-16.6%
5 Year-18.92%
10 Year-29.84%
15 Year-31.17%
Volatility
ATR(14)0.13
ATR(20)%1.96%
ATR Inc-39.88%
Range Today0.08
ADR(20)0.11
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.8
Mansfield-0.36
10 Day High5.88
10 Day Low5.55
20 Day High6.22
20 Day Low5.55
52 Week High6.64
52 Week Low5.55
CS1 End5.76
CR1 Start6.03
Volume & EV
DER(3)-1.87%
DER(5)-1.53%
Volume233.10K
Volume Incr56.08%
Vol(5)312.44K
Vol(50)193.98K