BLACKROCK MUNIYIELD QLTY III (MYI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MYI • US09254E1038
Overall MYI gets a technical rating of 5 out of 10. Although MYI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 66% of all other stocks performed better in the past year than MYI.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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.
- In the last month MYI has a been trading in a tight range between 10.93 and 11.28.
Although the technical rating is only medium, MYI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.10
We found 3 important support areas.
- A support zone ranging from 10.83 to 11.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.63 from a horizontal line in the daily time frame.
- A support zone ranging from 10.20 to 10.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.11 to 11.29. 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 MYI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYI is neutral. |
| ChartMill Relative Strength | 34.78 | NEUTRAL | MYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MYI is below 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) | 52.89 | NEUTRAL | The RSI value for MYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MYI has a negative trend. |
| Stochastics (14,3) | 64.76 | NEUTRAL | The Stochastics value for MYI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for MYI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for MYI suggests a possible start of a new trend. |
NYSE:MYI (2/6/2026, 8:04:00 PM)
11.1
-0.08 (-0.72%)
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 5 / 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 52.8921. This indicates that the stock is currently neutral.
What is the short term momentum for MYI stock?
The short term momentum for BLACKROCK MUNIYIELD QLTY III (MYI) is neutral.
Can you provide the support and resistance levels for BLACKROCK MUNIYIELD QLTY III?
BLACKROCK MUNIYIELD QLTY III (MYI) has a support level at 11.08 and a resistance level at 11.11. Check the full technical report for our detailed analysis of MYI support and resistance levels.