VANGUARD NY TAX-EX BOND (MUNY) Stock Technical Analysis
NYSEARCA:MUNY - NYSE Arca - ETF - Currency: USD
Taking everything into account, MUNY scores 3 out of 10 in our technical rating. In the last year, MUNY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of MUNY is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
98.64
When analyzing the support we notice one important area.
- A support zone ranging from 99.64 to 99.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @101.66 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for MUNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUNY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MUNY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 49.92 | NEUTRAL | The RSI value for MUNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.11 | POSITIVE | The MACD value suggests MUNY has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 39.96 | POSITIVE | The high ADX value value for MUNY suggests a strong trend. |
99.98
+0.28 (+0.28%)