BLACKROCK MUNIYIELD QLTY III (MYI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MYI - US09254E1038
We assign a technical rating of 6 out of 10 to MYI. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MYI is a bad performer.
- When comparing the yearly performance of all stocks, MYI is a bad performer in the overall market: 64% of all stocks are doing better.
- 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 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 10.78 and 11.22.
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 resistance zone just above the current price starting at 11.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.10, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.63 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.20 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 11.07 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 | UP | POSITIVE | The short term trend for MYI is up. |
| ChartMill Relative Strength | 36.64 | NEUTRAL | MYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYI is above 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) | 58.46 | NEUTRAL | The RSI value for MYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MYI has a positive trend. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for MYI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for MYI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for MYI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 11.11 | 10.92 | 0.19 (1.74%) | 25.00% |
| An entry @11.11. This is a Buy Stop order right above the 10 day moving average. | An exit @10.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 1.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.43%. |
- 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.
NYSE:MYI (1/29/2026, 10:41:36 AM)
11.06
-0.05 (-0.45%)
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 6 / 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 58.4646. 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 positive.
Can you provide the support and resistance levels for BLACKROCK MUNIYIELD QLTY III?
BLACKROCK MUNIYIELD QLTY III (MYI) has a support level at 11.1 and a resistance level at 11.21. Check the full technical report for our detailed analysis of MYI support and resistance levels.