BLACKROCK MUNIYIELD CA QUALI (MCA) Stock Technical Analysis
NYSE:MCA - New York Stock Exchange, Inc. -
We assign a technical rating of 0 out of 10 to MCA. MCA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
72% of all other stocks performed better in the past year than MCA.
MCA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MCA has a been trading in the 12.50 - 13.35 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of MCA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.38
16.18
4 important resistance areas can be observed.
- A resistance zone ranging from 12.87 to 13.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.53 to 13.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.92 to 16.02. 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 | DOWN | NEGATIVE | The long term trend for MCA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCA is down. |
| ChartMill Relative Strength | 28.4 | NEGATIVE | MCA has a low relative strength, it was outperformed by 71.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.54 | OVERSOLD | The low RSI value suggests MCA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MCA has a negative trend. |
| Stochastics (14,3) | 3.52 | OVERSOLD | The low Stochastics value suggests MCA may be oversold. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for MCA suggests low volalility. |
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)
NYSE:MCA (4/8/2022, 9:31:35 PM)
12.51
-0.12 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.95%
1 Week-4.5%
2 Weeks-3.7%
1 Month-6.57%
3 Month-19.24%
6 Month-18.98%
12 Month-15.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.17%
ATR Inc-28.51%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.4
Mansfield-1.84
10 Day High13.18
10 Day Low12.5
20 Day High13.35
20 Day Low12.5
52 Week High16.74
52 Week Low12.5
CS1 EndN/A
CR1 Start12.87
Volume & EV
DER(3)-0.31%
DER(5)2.31%
Volume108.10K
Volume Incr0.24%
Vol(5)100.96K
Vol(50)88.65K