BLACKROCK MUNIYIELD QLTY III (MYI)

US09254E1038

11.46  -0.03 (-0.26%)

Technical Rating and Analysis

5

Taking everything into account, MYI scores 5 out of 10 in our technical rating. Although MYI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, MYI is a bad performer in the overall market: 65% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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 11.30 and 11.69.
Weekly and Daily overview Charts
MYI Weekly chart
MYI Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, MYI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MYI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

10.93

11.77

We found 2 important support areas.

  • A support zone ranging from 11.32 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.04 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 11.47 to 11.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.72
Mansfield-0.85
10 Day High11.53
10 Day Low11.3
20 Day High11.69
20 Day Low11.3
52 Week High11.7
52 Week Low9.32
Performance
1 Week0.97%
2 Weeks0.88%
1 Month0.26%
3 Month-1.55%
6 Month20%
12 Month1.06%
2 Year-8.69%
3 Year-19.64%
5 Year-11.37%
10 Year-15.74%
15 Year5.23%
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)53.12
LBB11.31
UBB11.54
MYI Daily chart

BLACKROCK MUNIYIELD QLTY III

NYSE:MYI (3/28/2024, 8:26:23 PM)

11.46

-0.03 (-0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week0.97%
2 Weeks0.88%
1 Month0.26%
3 Month-1.55%
6 Month20%
12 Month1.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%0.76%
ATR Inc
Range Today0.15
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 High11.53
10 Day Low11.3
20 Day High11.69
20 Day Low11.3
52 Week High11.7
52 Week Low9.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume399.30K
Volume Incr9.42%
Vol(5)231.08K
Vol(50)229.22K