BLACKROCK MUNIYIELD QLTY III (MYI)
US09254E1038
We assign a technical rating of 6 out of 10 to MYI. MYI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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 is also trading in the upper part of its 52 week range, so MYI is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, MYI outperforms 47% 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 11.11 and 11.47.
Although the technical rating is only medium, 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 11.34, a Stop Loss order could be placed below this zone.
More info and screens
10.71
11.77
When analyzing the support we notice one important area.
- A support zone ranging from 10.82 to 11.34. 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 one important area.
- A resistance zone ranging from 11.59 to 11.65. 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
CRS47.97
Mansfield-0.7
10 Day High11.47
10 Day Low11.25
20 Day High11.47
20 Day Low11.11
52 Week High11.7
52 Week Low9.32
Performance
1 Week0.98%
2 Weeks-0.7%
1 Month1.88%
3 Month4.12%
6 Month1.97%
12 Month2.71%
2 Year-7.11%
3 Year-24.8%
5 Year-15.4%
10 Year-15.53%
15 Year-6.34%
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
RSI(14)60.56
LBB11.2
UBB11.44
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 |
|---|---|---|---|
| 11.48 | 11.24 | 0.24 (2.09%) | 25.00% |
| An entry @11.48. This is a Buy Stop order right above the 10 day high. | An exit @11.24. 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 2.09%. | For a 0.52% 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 (7/26/2024, 7:04:00 PM)
11.37
+0.03 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week0.98%
2 Weeks-0.7%
1 Month1.88%
3 Month4.12%
6 Month1.97%
12 Month2.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%0.7%
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 High11.47
10 Day Low11.25
20 Day High11.47
20 Day Low11.11
52 Week High11.7
52 Week Low9.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume168.10K
Volume Incr-39.23%
Vol(5)142.64K
Vol(50)209.82K