BLACKROCK MUNIYIELD QLTY III (MYI) Stock Technical Analysis
NYSE:MYI - New York Stock Exchange, Inc. - US09254E1038 - Currency: USD
We assign a technical rating of 1 out of 10 to MYI. MYI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MYI is a bad performer in the overall market: 79% of all stocks are doing better.
MYI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MYI has a been trading in a tight range between 10.20 and 10.63.
MYI has a poor technical rating and the quality of the setup is also not perfect 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
10.10
11.75
We found 1 important support area.
- A support zone ranging from 10.20 to 10.41. 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 3 important areas.
- A resistance zone ranging from 10.46 to 10.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.13 to 11.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.63 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for MYI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYI is neutral. |
| ChartMill Relative Strength | 21.99 | NEGATIVE | MYI has a low relative strength, it was outperformed by 78.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MYI is above a declining 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) | DOWN | NEGATIVE | The current price of MYI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.42 | NEUTRAL | The RSI value for MYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MYI has a positive trend. |
| Stochastics (14,3) | 64.43 | NEUTRAL | The Stochastics value for MYI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for MYI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for MYI suggests a weak or negative trend. |
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)
NYSE:MYI (8/4/2025, 8:28:36 PM)
10.43
+0.06 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week1.76%
2 Weeks2.15%
1 Month-1.23%
3 Month-2.52%
6 Month-7.37%
12 Month-9.23%
2 Year-0.38%
3 Year-9.78%
5 Year-22.4%
10 Year-25.82%
15 Year-27.52%
Volatility
ATR(14)0.09
ATR(20)%0.81%
ATR Inc-10.73%
Range Today0.06
ADR(20)0.08
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.99
Mansfield-1.27
10 Day High10.45
10 Day Low10.2
20 Day High10.63
20 Day Low10.2
52 Week High12.07
52 Week Low9.98
CS1 End10.41
CR1 Start10.46
Volume & EV
DER(3)7.07%
DER(5)1.12%
Volume159.80K
Volume Incr39.81%
Vol(5)222.34K
Vol(50)166.54K