VANECK LONG MUNI ETF (MLN) Stock Technical Analysis
NYSEARCA:MLN - NYSE Arca - US92189F5364 - ETF - Currency: USD
Taking everything into account, MLN scores 2 out of 10 in our technical rating. MLN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, MLN is a bad performer in the overall market: 82% of all stocks are doing better.
MLN is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 86% are performing better than MLN.
MLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLN is lagging the market.
In the last month MLN has a been trading in a tight range between 16.65 and 16.95.
MLN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MLN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.11
18.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.80 to 16.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.27 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.87 to 17.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.61 to 17.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 18.25 to 18.32. 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 MLN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLN is down. |
| ChartMill Relative Strength | 18.29 | NEGATIVE | MLN has a low relative strength, it was outperformed by 81.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.67 | NEUTRAL | The RSI value for MLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.05 | NEUTRAL | The Stochastics value for MLN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for MLN suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for MLN 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)
NYSEARCA:MLN (7/3/2025, 7:50:11 PM)
16.84
-0.01 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.06%
1 Week-0.06%
2 Weeks-0.12%
1 Month0.3%
3 Month-3.88%
6 Month-5.47%
12 Month-6.18%
2 Year-6.13%
3 Year-8.92%
5 Year-21.35%
10 Year-13.73%
15 Year-9.56%
Volatility
ATR(14)0.06
ATR(20)%0.41%
ATR Inc-32.57%
Range Today0.04
ADR(20)0.07
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.29
Mansfield-1.23
10 Day High16.95
10 Day Low16.8
20 Day High16.95
20 Day Low16.65
52 Week High18.34
52 Week Low16.08
CS1 End16.83
CR1 Start16.87
Volume & EV
DER(3)0.38%
DER(5)3.51%
Volume199.20K
Volume Incr-35.51%
Vol(5)322.98K
Vol(50)399.95K