BLACKROCK MUNIYIELD MI QLTY (MIY) Stock Technical Analysis
NYSE:MIY - New York Stock Exchange, Inc. - US09254V1052 - Currency: USD
Overall MIY gets a technical rating of 0 out of 10. MIY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
67% of all other stocks performed better in the past year than MIY.
MIY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MIY is lagging the market.
In the last month MIY has a been trading in the 10.84 - 11.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, MIY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.21, a Stop Loss order could be placed below this zone.
More info and screens
10.84
12.22
We found 1 important support area.
- A support zone ranging from 10.95 to 11.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.21 to 11.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for MIY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIY is down. |
| ChartMill Relative Strength | 33.39 | NEUTRAL | MIY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIY is below 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) | 41.41 | NEUTRAL | The RSI value for MIY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MIY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.41 | OVERSOLD | The low Stochastics value suggests MIY may be oversold. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for MIY suggests low volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for MIY suggests a weak or negative trend. |
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)
NYSE:MIY (6/13/2025, 10:38:58 AM)
11.15
-0.01 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week-1.28%
2 Weeks-1.19%
1 Month-2.52%
3 Month-2.05%
6 Month-4.15%
12 Month-1.8%
2 Year1.49%
3 Year-14.71%
5 Year-17.29%
10 Year-15.68%
15 Year-20.4%
Volatility
ATR(14)0.14
ATR(20)%1.45%
ATR Inc-58.07%
Range Today0.14
ADR(20)0.16
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.39
Mansfield-0.82
10 Day High11.65
10 Day Low11.19
20 Day High11.65
20 Day Low10.84
52 Week High12.11
52 Week Low10.81
CS1 End11.21
CR1 Start11.29
Volume & EV
DER(3)-1.28%
DER(5)-2.98%
Volume16.36K
Volume Incr56.63%
Vol(5)63.12K
Vol(50)55.62K