BNY MELLON STRATEGIC MUNI (LEO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEO - US05588W1080
Overall LEO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LEO is only an average performer.
Besides having an excellent technical rating, LEO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.35, a Stop Loss order could be placed below this zone.
More info and screens
5.57
We found 2 important support areas.
- A support zone ranging from 6.17 to 6.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.63 to 5.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.39 to 6.44. This zone is formed by a combination of multiple trend lines 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 LEO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEO is up. |
| ChartMill Relative Strength | 53.59 | NEUTRAL | LEO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.53 | NEUTRAL | The RSI value for LEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LEO has a positive trend. |
| Stochastics (14,3) | 87.14 | OVERBOUGHT | The high Stochastics value suggests LEO may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for LEO suggests low volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for LEO 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 |
|---|---|---|---|
| 6.45 | 6.20 | 0.25 (3.88%) | 25.00% |
| An entry @6.45. This is a Buy Stop order right above the resistance zone. | An exit @6.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 3.88%. | For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSE:LEO (1/2/2026, 8:04:00 PM)
6.38
+0.02 (+0.31%)
BNY MELLON STRATEGIC MUNI / LEO FAQ
Can you provide the ChartMill technical rating for BNY MELLON STRATEGIC MUNI?
ChartMill assigns a technical rating of 7 / 10 to LEO.
Can you provide the trend direction for BNY MELLON STRATEGIC MUNI?
The current trend direction for BNY MELLON STRATEGIC MUNI (LEO) is Bullish.
Can you provide the RSI signal for BNY MELLON STRATEGIC MUNI?
BNY MELLON STRATEGIC MUNI (LEO) has an RSI value of 64.5317. This indicates that the stock is currently neutral.
What is the MACD signal for BNY MELLON STRATEGIC MUNI (LEO) stock?
The MACD indicator for BNY MELLON STRATEGIC MUNI (LEO) has a value of 0.00851723, indicating a bearish trend.
What is the short term momentum for LEO stock?
The short term momentum for BNY MELLON STRATEGIC MUNI (LEO) is positive.