XAI MADISON EQUITY PREMIUM I (MCN) Stock Technical Analysis
USA - NYSE:MCN - US5574371002
Taking everything into account, MCN scores 0 out of 10 in our technical rating. MCN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MCN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.74
4 important resistance areas can be observed.
- A resistance zone ranging from 5.89 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.28 to 6.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.51 from a horizontal line in the daily time frame.
- Resistance @7.53 from a horizontal line in the weekly time frame.
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 MCN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCN is down. |
| ChartMill Relative Strength | 23.69 | NEGATIVE | MCN has a low relative strength, it was outperformed by 76.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.13 | OVERSOLD | The low RSI value suggests MCN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MCN has a negative trend. |
| Stochastics (14,3) | 8.96 | OVERSOLD | The low Stochastics value suggests MCN may be oversold. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for MCN suggests low volalility. |
| Average Directional Index/ADX (14) | 33.18 | POSITIVE | The high ADX value value for MCN suggests a strong trend. |
NYSE:MCN (11/20/2025, 10:34:43 AM)
5.8
+0.09 (+1.58%)
XAI MADISON EQUITY PREMIUM I / MCN FAQ
What is the technical rating for MCN stock?
ChartMill assigns a technical rating of 0 / 10 to MCN.
Can you provide the trend direction for XAI MADISON EQUITY PREMIUM I?
The current trend direction for XAI MADISON EQUITY PREMIUM I (MCN) is Bearish.
What is the RSI signal for MCN stock?
XAI MADISON EQUITY PREMIUM I (MCN) has an RSI value of 26.1349. This indicates that the stock is currently oversold.
What is the MACD signal for XAI MADISON EQUITY PREMIUM I (MCN) stock?
The MACD indicator for XAI MADISON EQUITY PREMIUM I (MCN) has a value of -0.0207831, indicating a bearish trend.
Can you provide the buy/sell signal for XAI MADISON EQUITY PREMIUM I?
The buy/sell signal for XAI MADISON EQUITY PREMIUM I (MCN) is sell as both the short term and long term trends are negative.