BLACKROCK MUNIYIELD QUALITY (MQY)

US09254F1003

12.32  0 (0%)

Technical Rating and Analysis

6

Overall MQY gets a technical rating of 6 out of 10. In the last year, MQY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Both the short term and long term trends are positive. This is a very positive sign.
MQY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MQY is leading the market.
When compared to the yearly performance of all other stocks, MQY outperforms 50% of them, which is more or less in line with the market.
In the last month MQY has a been trading in a tight range between 12.18 and 12.52.
Weekly and Daily overview Charts
MQY Weekly chart
MQY Daily chart
Setup Rating and Analysis

8

MQY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.23, 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.
Support and Resistance Analysis

11.62

12.66

We found 2 important support areas.

  • A support zone ranging from 12.17 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.74 to 11.94. 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 12.33 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.34
Mansfield-0.62
10 Day High12.52
10 Day Low12.23
20 Day High12.52
20 Day Low12.18
52 Week High12.52
52 Week Low9.82
Performance
1 Week0.49%
2 Weeks-1.2%
1 Month0.65%
3 Month4.14%
6 Month2.84%
12 Month3.88%
2 Year-6.1%
3 Year-25.78%
5 Year-16.13%
10 Year-16.93%
15 Year-4.12%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.83
LBB12.2
UBB12.51
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.3712.220.15 (1.22%)25.00%
An entry @12.37. This is a Buy Stop order right above the 10 day moving average.An exit @12.21. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.15 points, which is 1.22%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%.

  • The distance between exit and entry is rather small compared to the average daily movement of MQY. 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.
MQY Daily chart

BLACKROCK MUNIYIELD QUALITY

NYSE:MQY (7/26/2024, 7:04:00 PM)

12.32

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.49%
2 Weeks-1.2%
1 Month0.65%
3 Month4.14%
6 Month2.84%
12 Month3.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%0.83%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.52
10 Day Low12.23
20 Day High12.52
20 Day Low12.18
52 Week High12.52
52 Week Low9.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume140.50K
Volume Incr2.76%
Vol(5)125.58K
Vol(50)128.50K