Taking everything into account, MZA scores 2 out of 10 in our technical rating. 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.
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.
13.93
We found 1 important support area.
2 important resistance areas can be observed.
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. |
NYSEARCA:MZA (4/16/2021, 9:23:08 PM)
14.63
-0.5 (-3.3%)
ChartMill assigns a technical rating of 2 / 10 to MZA.
The current trend direction for Muniyield Arizona Fund (MZA) is Bearish.
Muniyield Arizona Fund (MZA) has an RSI value of 45.696. This indicates that the stock is currently neutral.
The short term momentum for Muniyield Arizona Fund (MZA) is neutral.
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.