Muniyield Arizona Fund (MZA) Technical Analysis
NYSEARCA:MZA
Current stock price
MZA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to MZA. MZA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 83% of all other stocks performed better in the past year than MZA.
- Warning: MZA has an average volume of 9130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MZA 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 MZA is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month MZA has a been trading in the 14.17 - 15.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MZA Weekly and Daily overview Charts
MZA Setup Rating and Analysis
MZA 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
MZA Support and Resistance Analysis
13.93
We found 1 important support area.
- A support zone ranging from 14.07 to 14.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.69 to 14.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.01 to 15.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MZA Technical Indicator Signal Analysis
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 MZA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MZA is neutral. |
| ChartMill Relative Strength | 17.67 | NEGATIVE | MZA has a low relative strength, it was outperformed by 82.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MZA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MZA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MZA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.7 | NEUTRAL | The RSI value for MZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MZA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.08 | NEUTRAL | The Stochastics value for MZA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MZA suggests some volalility. |
MZA Chart- and CandleStick Pattern Analysis
MZA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:MZA (4/16/2021, 9:23:08 PM)
14.63
-0.5 (-3.3%)
Muniyield Arizona Fund / MZA TA FAQ
Can you provide the ChartMill technical rating for Muniyield Arizona Fund?
ChartMill assigns a technical rating of 2 / 10 to MZA.
What is the trend direction for MZA stock?
The current trend direction for Muniyield Arizona Fund (MZA) is Bearish.
Can you provide the RSI signal for Muniyield Arizona Fund?
Muniyield Arizona Fund (MZA) has an RSI value of 45.696. This indicates that the stock is currently neutral.
What is the support and resistance level for MZA stock?
Muniyield Arizona Fund (MZA) has a support level at 14.41 and a resistance level at 14.69. Check the full technical report for our detailed analysis of MZA support and resistance levels.