YIELDMAX MSTR OPTION IS ETF (MSTY) Stock Technical Analysis
NYSEARCA:MSTY - NYSE Arca - US88634T4931 - ETF - Currency: USD
Taking everything into account, MSTY scores 1 out of 10 in our technical rating. MSTY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MSTY is a bad performer in the overall market: 80% of all stocks are doing better.
MSTY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MSTY is lagging the market.
In the last month MSTY has a been trading in the 20.95 - 25.28 range, which is quite wide. It is currently trading near the lows of this range.
MSTY has an average volume of 8755180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
MSTY has a poor technical rating and the quality of the setup is also only medium 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
19.68
34.26
When analyzing the support we can see 3 important areas.
- Support @21.64 from a trend line in the daily time frame.
- Support @21.28 from a horizontal line in the daily time frame.
- A support zone ranging from 19.88 to 20.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 21.85 to 22.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.49 from a trend line in the daily time frame.
- Resistance @24.26 from a trend line in the daily time frame.
- Resistance @33.92 from a trend line in the weekly time frame.
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 MSTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSTY is down. |
| ChartMill Relative Strength | 20.77 | NEGATIVE | MSTY has a low relative strength, it was outperformed by 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MSTY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.46 | NEUTRAL | The RSI value for MSTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MSTY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.32 | NEUTRAL | The Stochastics value for MSTY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for MSTY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.38 | NEGATIVE | The low ADX value for MSTY suggests a weak or negative 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)
21.84
+0.29 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.35%
1 Week1.49%
2 Weeks-4.59%
1 Month-13.13%
3 Month0.32%
6 Month-38.57%
12 Month-29.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%4.35%
ATR Inc-37.28%
Range Today0.48
ADR(20)0.84
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.77
Mansfield-1.97
10 Day High24.24
10 Day Low20.95
20 Day High25.28
20 Day Low20.95
52 Week High46.5
52 Week Low17.1
CS1 End21.64
CR1 Start21.85
Volume & EV
DER(3)-6.07%
DER(5)-7.28%
Volume14.64M
Volume Incr15.14%
Vol(5)12.36M
Vol(50)8.76M