NYLI MERGER ARBITRAG ETF-USD (MNA) Stock Technical Analysis
USA - NYSEARCA:MNA - US45409B8000 - ETF
35.73 USD
0 (0%)
Taking everything into account, MNA scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MNA is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MNA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNA is lagging the market slightly.
When comparing the performance of all stocks over the past year, MNA turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
In the last month MNA has a been trading in a tight range between 35.49 and 36.73.
MNA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 35.72, a Stop Loss order could be placed below this zone.
More info and screens
30.45
36.38
2 important support areas can be observed.
- A support zone ranging from 34.31 to 35.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.76 to 30.83. 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 35.84 to 36.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 MNA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNA is neutral. |
| ChartMill Relative Strength | 61.18 | NEUTRAL | MNA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MNA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.23 | NEUTRAL | The RSI value for MNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MNA has a negative trend. |
| Stochastics (14,3) | 21.77 | NEUTRAL | The Stochastics value for MNA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for MNA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.28 | NEUTRAL | The ADX value for MNA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 36.03 | 35.66 | 0.37 (1.03%) | 25.00% |
| An entry @36.03. This is a Buy Stop order right above the resistance zone. | An exit @35.66. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.37 points, which is 1.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- The distance between exit and entry is rather small compared to the average daily movement of MNA. Please evaluate whether better entry and exit points can be found.
- 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:MNA (10/10/2025, 8:44:51 PM)
35.73
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.67%
2 Weeks-0.33%
1 Month0.38%
3 Month1.48%
6 Month3.18%
12 Month8.64%
2 Year13.54%
3 Year12.96%
5 Year4.44%
10 Year29.6%
15 Year40.06%
Volatility
ATR(14)0.27
ATR(20)%0.72%
ATR Inc15.31%
Range Today0.46
ADR(20)0.23
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.18
Mansfield-0.45
10 Day High36.73
10 Day Low35.67
20 Day High36.73
20 Day Low35.49
52 Week High36.73
52 Week Low32.49
CS1 End35.72
CR1 Start35.84
Volume & EV
DER(3)-1.52%
DER(5)-1.33%
Volume16.30K
Volume Incr-17.01%
Vol(5)33.92K
Vol(50)41.85K