XAI MADISON EQUITY PREMIUM I (MCN) Technical Analysis
NYSE:MCN • US5574371002
Current stock price
MCN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MCN. MCN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MCN is a bad performer in the overall market: 67% of all stocks are doing better.
- MCN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MCN is lagging the market slightly.
- In the last month MCN has a been trading in a tight range between 5.85 and 6.18.
- Considerably lower volume is observed in the last couple of days.
MCN Weekly and Daily overview Charts
MCN Setup Rating and Analysis
Although the technical rating is bad, MCN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
MCN Support and Resistance Analysis
5.78
We found 1 important support area.
- Support @5.84 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.93 to 6.18. 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.
MCN Technical Indicator Signal Analysis
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 | 33.18 | NEUTRAL | MCN is not amongst the best or worst performers 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) | 34.02 | NEUTRAL | The RSI value for MCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MCN has a negative trend. |
| Stochastics (14,3) | 5.49 | OVERSOLD | The low Stochastics value suggests MCN may be oversold. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for MCN suggests low volalility. |
| Average Directional Index/ADX (14) | 16.72 | NEGATIVE | The low ADX value for MCN suggests a weak or negative trend. |
MCN Chart- and CandleStick Pattern Analysis
MCN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MCN (3/18/2026, 8:21:51 PM)
5.85
-0.05 (-0.85%)
XAI MADISON EQUITY PREMIUM I / MCN TA FAQ
What is the technical rating for MCN stock?
ChartMill assigns a technical rating of 0 / 10 to MCN.
What is the trend direction for MCN stock?
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 34.023. This indicates that the stock is currently neutral.
What is the short term momentum for XAI MADISON EQUITY PREMIUM I (MCN) stock?
The short term momentum for XAI MADISON EQUITY PREMIUM I (MCN) is negative.
What are the support and resistance levels for XAI MADISON EQUITY PREMIUM I (MCN) stock?
XAI MADISON EQUITY PREMIUM I (MCN) has a support level at 5.84 and a resistance level at 5.93. Check the full technical report for our detailed analysis of MCN support and resistance levels.