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XAI MADISON EQUITY PREMIUM I (MCN) Stock Technical Analysis

NYSE:MCN - New York Stock Exchange, Inc. - US5574371002 - Currency: USD

6.12  -0.03 (-0.49%)

After market: 5.72 -0.4 (-6.54%)

Technical Rating and Analysis

2

Overall MCN gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MCN was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, MCN is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month MCN has a been trading in the 5.16 - 6.21 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
Weekly and Daily overview Charts
XAI MADISON EQUITY PREMIUM I / MCN Weekly stock chart
XAI MADISON EQUITY PREMIUM I / MCN Daily stock chart
Setup Rating and Analysis

2

The technical rating of MCN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

5.19

7.65

When analyzing the support we notice one important area.

  • Support @5.24 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 6.13 to 6.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @6.40 from a trend line in the weekly time frame.
  • Resistance @7.32 from a horizontal line in the daily time frame.
  • Resistance @7.57 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.49
Mansfield-1.26
10 Day High6.21
10 Day Low5.53
20 Day High6.21
20 Day Low5.16
52 Week High7.6
52 Week Low5.16
Performance
1 Week5.88%
2 Weeks9.29%
1 Month10.87%
3 Month-4.97%
6 Month-12.2%
12 Month-16.51%
2 Year-17.19%
3 Year-15.24%
5 Year7.65%
10 Year-26.09%
15 Year-25.82%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)69.02
LBB5.37
UBB6.17
XAI MADISON EQUITY PREMIUM I / MCN Daily stock chart

XAI MADISON EQUITY PREMIUM I

NYSE:MCN (5/14/2025, 8:04:00 PM)

After market: 5.72 -0.4 (-6.54%)

6.12

-0.03 (-0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week5.88%
2 Weeks9.29%
1 Month10.87%
3 Month-4.97%
6 Month-12.2%
12 Month-16.51%
2 Year-17.19%
3 Year-15.24%
5 Year7.65%
10 Year-26.09%
15 Year-25.82%
Volatility
ATR(14)0.11
ATR(20)%2.19%
ATR Inc22.76%
Range Today0.09
ADR(20)0.13
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.49
Mansfield-1.26
10 Day High6.21
10 Day Low5.53
20 Day High6.21
20 Day Low5.16
52 Week High7.6
52 Week Low5.16
CS1 End5.24
CR1 Start6.13
Volume & EV
DER(3)9.7%
DER(5)4.93%
Volume101.30K
Volume Incr14.8%
Vol(5)126.16K
Vol(50)93.96K