BLACKROCK MUNIYIELD MI QLTY (MIY) Stock Technical Analysis
NYSE:MIY - US09254V1052
Overall MIY gets a technical rating of 3 out of 10. In the past year, MIY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
MIY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.17, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.95 to 11.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.64 to 10.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.32 to 11.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.03 to 12.10. 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 | NEUTRAL | NEUTRAL | The long term trend for MIY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MIY is up. |
| ChartMill Relative Strength | 23.51 | NEGATIVE | MIY has a low relative strength, it was outperformed by 76.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MIY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MIY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.02 | NEUTRAL | The RSI value for MIY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MIY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.45 | NEUTRAL | The Stochastics value for MIY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for MIY suggests low volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for MIY suggests a possible start of a new trend. |
NYSE:MIY (8/22/2025, 8:24:32 PM)
11.19
+0.08 (+0.72%)