NYLI MACKAY DT MUNI OPPO FND (MMD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MMD - US56064K1007
We assign a technical rating of 4 out of 10 to MMD. In the last year, MMD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MMD has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.87
3 important support areas can be observed.
- A support zone ranging from 14.87 to 14.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.41 from a horizontal line in the daily time frame.
- A support zone ranging from 14.01 to 14.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.44 to 15.66. 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 MMD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMD is up. |
| ChartMill Relative Strength | 37.82 | NEUTRAL | MMD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MMD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MMD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.21 | NEUTRAL | The RSI value for MMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MMD has a positive trend. |
| Stochastics (14,3) | 89.42 | OVERBOUGHT | The high Stochastics value suggests MMD may be overbought. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for MMD suggests low volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for MMD suggests a possible start of a new trend. |
15.03
+0.09 (+0.6%)
NYLI MACKAY DT MUNI OPPO FND / MMD FAQ
What is the ChartMill technical rating of NYLI MACKAY DT MUNI OPPO FND (MMD) stock?
ChartMill assigns a technical rating of 4 / 10 to MMD.
What is the trend direction for MMD stock?
The current trend direction for NYLI MACKAY DT MUNI OPPO FND (MMD) is Bearish.
What is the RSI signal for MMD stock?
NYLI MACKAY DT MUNI OPPO FND (MMD) has an RSI value of 62.2125. This indicates that the stock is currently neutral.
What is the short term momentum for NYLI MACKAY DT MUNI OPPO FND (MMD) stock?
The short term momentum for NYLI MACKAY DT MUNI OPPO FND (MMD) is positive.