BLACKROCK MUNIYIELD FUND (MYD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MYD - US09253W1045
10.32 USD
+0.01 (+0.1%)
10.32 USD
0 (0%)
Overall MYD gets a technical rating of 0 out of 10. MYD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, MYD is a bad performer in the overall market: 66% of all stocks are doing better.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MYD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MYD is lagging the market.
In the last month MYD has a been trading in a tight range between 10.25 and 10.59.
Volume is considerably higher in the last couple of days.
MYD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
9.56
11.79
When analyzing the support we can see 3 important areas.
- Support @10.18 from a trend line in the daily time frame.
- A support zone ranging from 9.97 to 9.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.66 to 9.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.33 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.88 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.63 to 11.67. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MYD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MYD is down. |
| ChartMill Relative Strength | 34.91 | NEUTRAL | MYD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MYD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MYD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.52 | NEUTRAL | The RSI value for MYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MYD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.05 | OVERSOLD | The low Stochastics value suggests MYD may be oversold. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for MYD suggests low volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for MYD 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)
10.32
+0.01 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-0.86%
2 Weeks-0.77%
1 Month-0.77%
3 Month-1.81%
6 Month2.18%
12 Month-2.55%
2 Year-4.27%
3 Year-0.86%
5 Year-28.08%
10 Year-30.6%
15 Year-23.04%
Volatility
ATR(14)0.08
ATR(20)%0.79%
ATR Inc-14.57%
Range Today0.05
ADR(20)0.08
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.91
3 months CRS40.18
6 months CRS49.39
Mansfield-1.05
10 Day High10.48
10 Day Low10.25
20 Day High10.59
20 Day Low10.25
52 Week High10.92
52 Week Low9.65
CS1 End10.18
CR1 Start10.33
Volume & EV
DER(3)-4.35%
DER(5)-3.94%
Volume409.14K
Volume Incr122.11%
Vol(5)362.53K
Vol(50)164.07K
BLACKROCK MUNIYIELD FUND / MYD FAQ
What is the ChartMill technical rating of BLACKROCK MUNIYIELD FUND (MYD) stock?
ChartMill assigns a technical rating of 0 / 10 to MYD.
What is the trend direction for MYD stock?
The current trend direction for BLACKROCK MUNIYIELD FUND (MYD) is Bearish.
Can you provide the RSI signal for BLACKROCK MUNIYIELD FUND?
BLACKROCK MUNIYIELD FUND (MYD) has an RSI value of 37.5178. This indicates that the stock is currently neutral.
What is the short term momentum for MYD stock?
The short term momentum for BLACKROCK MUNIYIELD FUND (MYD) is negative.