We assign a technical rating of 4 out of 10 to MUNY. MUNY was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, MUNY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 103.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.25, a Stop Loss order could be placed below this zone.
More info and screens
98.47
We found 2 important support areas.
- A support zone ranging from 102.06 to 103.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.46 to 99.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.44 to 103.86. 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 MUNY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MUNY is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MUNY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MUNY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MUNY is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.37 | NEUTRAL | The RSI value for MUNY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MUNY has a positive trend. |
| Stochastics (14,3) | 45.15 | NEUTRAL | The Stochastics value for MUNY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for MUNY suggests low volalility. |
| Average Directional Index/ADX (14) | 39.01 | POSITIVE | The high ADX value value for MUNY suggests a strong trend. |
103.27
+0.05 (+0.04%)
VANGUARD NY TAX-EX BOND / MUNY FAQ
Can you provide the ChartMill technical rating for VANGUARD NY TAX-EX BOND?
ChartMill assigns a technical rating of 4 / 10 to MUNY.
What is the trend direction for MUNY stock?
The current trend direction for VANGUARD NY TAX-EX BOND (MUNY) is Bullish.
Can you provide the RSI signal for VANGUARD NY TAX-EX BOND?
VANGUARD NY TAX-EX BOND (MUNY) has an RSI value of 50.3724. This indicates that the stock is currently neutral.
What is the MACD signal for VANGUARD NY TAX-EX BOND (MUNY) stock?
The MACD indicator for VANGUARD NY TAX-EX BOND (MUNY) has a value of 0.00990882, indicating a bearish trend.