VANECK LONG MUNI ETF (MLN) Stock Technical Analysis
USA - NYSEARCA:MLN - US92189F5364 - ETF
We assign a technical rating of 8 out of 10 to MLN. Although MLN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, MLN also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.70, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
16.33
3 important support areas can be observed.
- A support zone ranging from 17.30 to 17.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.94 to 17.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 16.49 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @17.90 from a horizontal line 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 | UP | POSITIVE | The long term trend for MLN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLN is up. |
| ChartMill Relative Strength | 49.36 | NEUTRAL | MLN is not amongst the best or worst performers 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 | POSITIVE | The current price of MLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MLN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 80.17 | OVERBOUGHT | The high RSI value suggests MLN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MLN has a negative trend. |
| Stochastics (14,3) | 88.75 | OVERBOUGHT | The high Stochastics value suggests MLN may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for MLN suggests low volalility. |
| Average Directional Index/ADX (14) | 54.08 | POSITIVE | The high ADX value value for MLN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.78 | 17.53 | 0.25 (1.40%) | 25.00% |
| An entry @17.78. This is a Buy Stop order right above the 10 day high. | An exit @17.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.25 points, which is 1.40%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:MLN (10/24/2025, 8:04:00 PM)
17.75
+0.04 (+0.2%)
VANECK LONG MUNI ETF / MLN FAQ
Can you provide the ChartMill technical rating for VANECK LONG MUNI ETF?
ChartMill assigns a technical rating of 8 / 10 to MLN.
Can you provide the trend direction for VANECK LONG MUNI ETF?
The current trend direction for VANECK LONG MUNI ETF (MLN) is Bullish.
What is the RSI signal for VANECK LONG MUNI ETF (MLN) stock?
VANECK LONG MUNI ETF (MLN) has an RSI value of 80.1666. This indicates that the stock is currently overbought.
What is the buy/sell signal for MLN stock?
The buy/sell signal for VANECK LONG MUNI ETF (MLN) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for VANECK LONG MUNI ETF?
VANECK LONG MUNI ETF (MLN) has a support level at 17.7 and a resistance level at 17.9. Check the full technical report for our detailed analysis of MLN support and resistance levels.