BLACKROCK MUNIYIELD QLTY III (MYI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MYI - US09254E1038
Taking everything into account, MYI scores 7 out of 10 in our technical rating. Although MYI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- MYI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MYI is lagging the market slightly.
- When comparing the performance of all stocks over the past year, MYI turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- In the last month MYI has a been trading in a tight range between 10.68 and 11.22.
Although MYI has an excellent technical rating, it does not present a decent entry opportunity 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
10.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.63 to 11.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.20 to 10.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.21 to 11.29. 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 | UP | POSITIVE | The long term trend for MYI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MYI is up. |
| ChartMill Relative Strength | 45.45 | NEUTRAL | MYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.38 | OVERBOUGHT | The high RSI value suggests MYI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MYI has a positive trend. |
| Stochastics (14,3) | 95.14 | OVERBOUGHT | The high Stochastics value suggests MYI may be overbought. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for MYI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.86 | NEUTRAL | The ADX value for MYI suggests a possible start of a new trend. |
NYSE:MYI (1/20/2026, 9:36:37 AM)
11.13
-0.01 (-0.13%)
BLACKROCK MUNIYIELD QLTY III / MYI FAQ
What is the ChartMill technical rating of BLACKROCK MUNIYIELD QLTY III (MYI) stock?
ChartMill assigns a technical rating of 7 / 10 to MYI.
What is the trend direction for MYI stock?
The current trend direction for BLACKROCK MUNIYIELD QLTY III (MYI) is Bullish.
What is the RSI signal for BLACKROCK MUNIYIELD QLTY III (MYI) stock?
BLACKROCK MUNIYIELD QLTY III (MYI) has an RSI value of 73.3773. This indicates that the stock is currently overbought.
What is the short term momentum for MYI stock?
The short term momentum for BLACKROCK MUNIYIELD QLTY III (MYI) is positive.
Can you provide the support and resistance levels for BLACKROCK MUNIYIELD QLTY III?
BLACKROCK MUNIYIELD QLTY III (MYI) has a support level at 11.11 and a resistance level at 11.21. Check the full technical report for our detailed analysis of MYI support and resistance levels.