YIELDMAX MSTR OPTION IS ETF (MSTY) Stock Technical Analysis
NYSEARCA:MSTY - NYSE Arca - US88634T4931 - ETF - Currency: USD
Overall MSTY gets a technical rating of 1 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
87% of all other stocks performed better in the past year than MSTY.
MSTY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MSTY has a been trading in the 20.11 - 22.96 range, which is quite wide. It is currently trading near the high of this range.
MSTY has an average volume of 11150100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MSTY is bad and it also does not present a quality setup 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
33.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.12 to 21.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.25 to 20.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.88 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.82 to 22.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.86 to 22.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @33.05 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 | NEUTRAL | NEUTRAL | The short term trend for MSTY is neutral. |
| ChartMill Relative Strength | 13.38 | NEGATIVE | MSTY has a low relative strength, it was outperformed by 86.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSTY is below a declining 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) | 49.32 | NEUTRAL | The RSI value for MSTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MSTY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.58 | NEUTRAL | The Stochastics value for MSTY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MSTY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.62 | 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)
21.68
-1.15 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.04%
1 Week-1.77%
2 Weeks3.78%
1 Month5.5%
3 Month2.12%
6 Month-27.42%
12 Month-27.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%3.06%
ATR Inc40.15%
Range Today1.45
ADR(20)0.55
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.38
Mansfield-2.14
10 Day High22.96
10 Day Low20.58
20 Day High22.96
20 Day Low20.11
52 Week High46.5
52 Week Low17.1
CS1 End21.17
CR1 Start21.82
Volume & EV
DER(3)-5.92%
DER(5)-3.87%
Volume16.83M
Volume Incr11.55%
Vol(5)10.81M
Vol(50)11.15M