BLACKROCK MUNIYIELD QLTY III (MYI) Stock Technical Analysis
NYSE:MYI - New York Stock Exchange, Inc. - US09254E1038 - Currency: USD
Taking everything into account, MYI scores 1 out of 10 in our technical rating. MYI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MYI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MYI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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 40% of all stocks.
Although the technical rating is bad, MYI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.42, a Stop Loss order could be placed below this zone.
More info and screens
10.12
11.57
When analyzing the support we notice one important area.
- A support zone ranging from 10.22 to 10.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.78 to 11.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.46 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.26
Mansfield-0.5
10 Day High10.59
10 Day Low10.19
20 Day High11.05
20 Day Low9.98
52 Week High12.07
52 Week Low9.98
Performance
1 Week2.24%
2 Weeks-0.47%
1 Month-4.64%
3 Month-6.43%
6 Month-6.09%
12 Month-5.16%
2 Year-5.76%
3 Year-11.26%
5 Year-12.81%
10 Year-27.52%
15 Year-20.18%
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)0.02
RSI(14)44.58
LBB10.2
UBB10.64
NYSE:MYI (4/30/2025, 3:24:49 PM)
10.55
+0.07 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.67%
1 Week2.24%
2 Weeks-0.47%
1 Month-4.64%
3 Month-6.43%
6 Month-6.09%
12 Month-5.16%
2 Year-5.76%
3 Year-11.26%
5 Year-12.81%
10 Year-27.52%
15 Year-20.18%
Volatility
ATR(14)0.19
ATR(20)%1.81%
ATR Inc-51.57%
Range Today0.19
ADR(20)0.17
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.26
Mansfield-0.5
10 Day High10.59
10 Day Low10.19
20 Day High11.05
20 Day Low9.98
52 Week High12.07
52 Week Low9.98
CS1 End10.42
CR1 Start10.78
Volume & EV
DER(3)2.78%
DER(5)-1.53%
Volume205.54K
Volume Incr-22.04%
Vol(5)223.96K
Vol(50)245.98K