BLACKROCK MUNIYIELD QLTY III (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.
The long and short term trends are both positive. This is looking good!
MYI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MYI is leading the market.
When compared to the yearly performance of all other stocks, MYI outperforms 67% of them, which is more or less in line with the market.
In the last month MYI has a been trading in a tight range between 11.41 and 11.71.
Although MYI has an excellent technical rating, the quality of the presented setup is not ideal 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
10.71
11.81
We found 2 important support areas.
- A support zone ranging from 11.41 to 11.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.82 to 11.05. 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 11.67 to 11.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.62
Mansfield-0.26
10 Day High11.71
10 Day Low11.47
20 Day High11.71
20 Day Low11.41
52 Week High11.71
52 Week Low9.32
Performance
1 Week1.13%
2 Weeks1.57%
1 Month1.3%
3 Month5.42%
6 Month0.78%
12 Month13.09%
2 Year11.79%
3 Year-20.57%
5 Year-14.08%
10 Year-14.95%
15 Year-8.62%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)68.68
LBB11.44
UBB11.67
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.70 | 11.46 | 0.24 (2.05%) | 25.00% |
| An entry @11.70. This is a Buy Stop order right above the resistance zone. | An exit @11.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 2.05%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BLACKROCK MUNIYIELD QLTY III
NYSE:MYI (9/6/2024, 8:04:00 PM)
After market: 11.6514 -0.01 (-0.07%)11.66
+0.04 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.34%
1 Week1.13%
2 Weeks1.57%
1 Month1.3%
3 Month5.42%
6 Month0.78%
12 Month13.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.58%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.71
10 Day Low11.47
20 Day High11.71
20 Day Low11.41
52 Week High11.71
52 Week Low9.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume155.60K
Volume Incr-7.27%
Vol(5)178.96K
Vol(50)207.35K