NYLI MERGER ARBITRAG ETF-USD (MNA) Stock Technical Analysis
NYSEARCA:MNA - NYSE Arca - US45409B8000 - ETF - Currency: USD
Taking everything into account, MNA scores 7 out of 10 in our technical rating. Although MNA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
MNA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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 55% of all stocks.
In the last month MNA has a been trading in a tight range between 35.21 and 35.92.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MNA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.55, 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
30.45
36.28
2 important support areas can be observed.
- A support zone ranging from 34.31 to 35.55. 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.
We found 1 important resistance area.
- A resistance zone ranging from 35.66 to 35.92. 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 | UP | POSITIVE | The short term trend for MNA is up. |
| ChartMill Relative Strength | 55.98 | NEUTRAL | MNA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNA is above 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) | 56.48 | NEUTRAL | The RSI value for MNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.23 | NEUTRAL | The Stochastics value for MNA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for MNA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.54 | POSITIVE | The high ADX value value for MNA suggests a strong 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 |
|---|---|---|---|
| 35.67 | 35.45 | 0.22 (0.63%) | 25.00% |
| An entry @35.67. This is a Buy Stop order right above the 10 day moving average. | An exit @35.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.22 points, which is 0.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.16%. |
- 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 (8/20/2025, 8:11:42 PM)
35.664
-0.02 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.04%
1 Week-0.35%
2 Weeks0.49%
1 Month1%
3 Month2.13%
6 Month5.74%
12 Month9.4%
2 Year13.51%
3 Year12.22%
5 Year10.35%
10 Year25.62%
15 Year39.48%
Volatility
ATR(14)0.17
ATR(20)%0.49%
ATR Inc24.44%
Range Today0.1
ADR(20)0.14
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.98
Mansfield-0.33
10 Day High35.92
10 Day Low35.46
20 Day High35.92
20 Day Low35.21
52 Week High35.92
52 Week Low32.43
CS1 End35.55
CR1 Start35.66
Volume & EV
DER(3)-1.19%
DER(5)-4.58%
Volume22.00K
Volume Incr366.88%
Vol(5)104.58K
Vol(50)36.42K