Blackrock MuniYield Quality Fund II Technical Analysis (NYSE:MQT)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The MQT Chart pattern can give those who understand technical analysis an indication of which way MQT stock is headed, but cannot predict with 100% certainty as to what can happen to the Blackrock MuniYield Quality Fund II Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Blackrock MuniYield Quality Fund II. The technical analysis form of Blackrock MuniYield Quality Fund II Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Blackrock MuniYield Quality Fund II Moving Average
Moving averages show the MQT Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $11.92 is above the last closing price of $11.63 and the 50 day moving average of $12 is above the last closing price of $11.63. The 10 and 20 day periods can predict short term moving average trends.
Blackrock MuniYield Quality Fund II Bollinger Bands
Bollinger bands comprise of a center line usually MQT SMA, and two MQT Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. Currently the Price of $11.63 is in the lower range of Blackrock MuniYield Quality Fund II bollinger bands.
Blackrock MuniYield Quality Fund II Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Blackrock MuniYield Quality Fund II MACD indicator can be used to identify bullish and bearish trends for the stock.
Blackrock MuniYield Quality Fund II Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of MQT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.