YIELDMAX MGNF 7 FU OP IN ETF (YMAG) Stock Technical Analysis
NYSEARCA:YMAG - NYSE Arca - US88636J6423 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to YMAG. In the past year, YMAG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, YMAG is a bad performer in the overall market: 77% of all stocks are doing better.
In the last month YMAG has a been trading in the 13.28 - 16.05 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
YMAG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so YMAG is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of YMAG is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.60
18.62
We found 1 important support area.
- A support zone ranging from 14.75 to 15.23. 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 2 important areas.
- A resistance zone ranging from 16.06 to 16.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.19 to 18.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.52
Mansfield-1.57
10 Day High16.05
10 Day Low14.69
20 Day High16.05
20 Day Low13.28
52 Week High21.91
52 Week Low12.85
Performance
1 Week7.79%
2 Weeks9.04%
1 Month10.69%
3 Month-12.1%
6 Month-16.41%
12 Month-19.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)67.11
LBB14.26
UBB15.92
16.05
+0.23 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.45%
1 Week7.79%
2 Weeks9.04%
1 Month10.69%
3 Month-12.1%
6 Month-16.41%
12 Month-19.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.23%
ATR Inc-23.87%
Range Today0.16
ADR(20)0.26
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.52
Mansfield-1.57
10 Day High16.05
10 Day Low14.69
20 Day High16.05
20 Day Low13.28
52 Week High21.91
52 Week Low12.85
CS1 End15.23
CR1 Start16.06
Volume & EV
DER(3)6.04%
DER(5)3.32%
Volume462.20K
Volume Incr16.27%
Vol(5)383.14K
Vol(50)407.78K