XAI MADISON EQUITY PREMIUM I (MCN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCN - US5574371002
We assign a technical rating of 1 out of 10 to MCN. 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.
Although the technical rating is bad, MCN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.93, a Stop Loss order could be placed below this zone.
More info and screens
5.68
We found 2 important support areas.
- A support zone ranging from 5.84 to 5.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.74 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.95 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.15 from a horizontal line in the daily time frame.
- 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.
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 | NEUTRAL | NEUTRAL | The short term trend for MCN is neutral. |
| ChartMill Relative Strength | 25.75 | NEGATIVE | MCN has a low relative strength, it was outperformed by 74.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCN is above the rising 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) | 51.03 | NEUTRAL | The RSI value for MCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCN has a positive trend. |
| Stochastics (14,3) | 53.89 | NEUTRAL | The Stochastics value for MCN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for MCN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for MCN suggests a weak or negative trend. |
NYSE:MCN (12/26/2025, 8:04:00 PM)
5.93
-0.01 (-0.17%)
XAI MADISON EQUITY PREMIUM I / MCN FAQ
What is the technical rating for MCN stock?
ChartMill assigns a technical rating of 1 / 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 51.0316. This indicates that the stock is currently neutral.
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 0.00573104, indicating a bearish trend.