BLACKROCK MUNIYIELD MI QLTY (MIY) Stock Technical Analysis
NYSE:MIY - New York Stock Exchange, Inc. - US09254V1052 - Currency: USD
We assign a technical rating of 0 out of 10 to MIY. MIY'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MIY is a bad performer in the overall market: 74% of all stocks are doing better.
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 10.57 - 11.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MIY 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.
More info and screens
10.53
12.22
When analyzing the support we notice one important area.
- A support zone ranging from 10.64 to 10.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.46 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 | DOWN | NEGATIVE | The long term trend for MIY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIY is neutral. |
| ChartMill Relative Strength | 26.09 | NEGATIVE | MIY has a low relative strength, it was outperformed by 73.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MIY is above 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) | 59.25 | NEUTRAL | The RSI value for MIY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MIY has a positive trend. |
| Stochastics (14,3) | 69.25 | NEUTRAL | The Stochastics value for MIY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for MIY suggests low volalility. |
| Average Directional Index/ADX (14) | 17.27 | 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 (8/1/2025, 8:04:00 PM)
11.03
+0.12 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.1%
1 Week2.32%
2 Weeks3.57%
1 Month-0.36%
3 Month-3.25%
6 Month-5.73%
12 Month-6.05%
2 Year3.08%
3 Year-17.75%
5 Year-21.33%
10 Year-17.13%
15 Year-27.72%
Volatility
ATR(14)0.11
ATR(20)%1.04%
ATR Inc-1.68%
Range Today0.16
ADR(20)0.12
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.09
Mansfield-1.02
10 Day High11.06
10 Day Low10.62
20 Day High11.36
20 Day Low10.57
52 Week High12.11
52 Week Low10.57
CS1 End10.85
CR1 Start11.46
Volume & EV
DER(3)4.68%
DER(5)0.26%
Volume73.00K
Volume Incr-6.05%
Vol(5)63.16K
Vol(50)58.50K