NYLI MACKAY MUNI INSURED ETF (MMIN) Stock Technical Analysis
NYSEARCA:MMIN - NYSE Arca - US45409F8436 - ETF - Currency: USD
Overall MMIN gets a technical rating of 2 out of 10. In the past year, MMIN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, MMIN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.19, 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
22.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.81 to 23.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.43 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.24 to 23.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.95 to 24.61. 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 MMIN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMIN is neutral. |
| ChartMill Relative Strength | 32.51 | NEUTRAL | MMIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.4 | NEUTRAL | The RSI value for MMIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MMIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.73 | NEUTRAL | The Stochastics value for MMIN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for MMIN suggests low volalility. |
| Average Directional Index/ADX (14) | 28.15 | POSITIVE | The high ADX value value for MMIN suggests a strong trend. |
NYSEARCA:MMIN (6/25/2025, 8:04:00 PM)
23.21
+0.04 (+0.15%)