BLACKROCK MUNIYIELD NY QLTY (MYN) Stock Technical Analysis
USA - NYSE:MYN - US09255E1029
9.86 USD
-0.04 (-0.4%)
We assign a technical rating of 6 out of 10 to MYN. MYN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
74% of all other stocks performed better in the past year than MYN.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MYN has a been trading in the 9.20 - 9.95 range, which is quite wide. It is currently trading near the high of this range.
MYN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MYN is lagging the market.
Volume is considerably higher in the last couple of days.
MYN has an average technical rating and the quality of the presented setup is also not ideal 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
9.07
10.94
When analyzing the support we notice one important area.
- A support zone ranging from 9.16 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @10.01 from a horizontal line in the daily time frame.
- Resistance @10.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.78 to 10.83. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MYN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MYN is up. |
| ChartMill Relative Strength | 26.47 | NEGATIVE | MYN has a low relative strength, it was outperformed by 73.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MYN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.48 | OVERBOUGHT | The high RSI value suggests MYN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.44 | OVERBOUGHT | The high Stochastics value suggests MYN may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for MYN suggests low volalility. |
| Average Directional Index/ADX (14) | 41.21 | POSITIVE | The high ADX value value for MYN suggests a strong 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)
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 |
|---|---|---|---|
| 10.02 | 9.48 | 0.54 (5.39%) | 18.56% |
| An entry @10.02. This is a Buy Stop order right above the resistance zone. | An exit @9.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.54 points, which is 5.39%. | When investing 18.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:MYN (9/19/2025, 8:04:00 PM)
9.86
-0.04 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.4%
1 Week-0.2%
2 Weeks4.34%
1 Month6.36%
3 Month4.78%
6 Month-2.09%
12 Month-8.19%
2 Year11.29%
3 Year4.56%
5 Year-22.36%
10 Year-24.62%
15 Year-29.32%
Volatility
ATR(14)0.11
ATR(20)%1%
ATR Inc-50.43%
Range Today0.06
ADR(20)0.09
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.47
Mansfield-1.11
10 Day High9.95
10 Day Low9.49
20 Day High9.95
20 Day Low9.2
52 Week High10.87
52 Week Low9.12
CS1 End9.57
CR1 Start10.01
Volume & EV
DER(3)2.94%
DER(5)2.27%
Volume542.80K
Volume Incr106.62%
Vol(5)233.32K
Vol(50)114.45K