Blackrock MuniYield Quality Fund Technical Analysis (NYSE:MQY)
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 MQY Chart pattern can give those who understand technical analysis an indication of which way MQY stock is headed, but cannot predict with 100% certainty as to what can happen to the Blackrock MuniYield Quality Fund Price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Blackrock MuniYield Quality Fund. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Blackrock MuniYield Quality Fund Analysis.
Blackrock MuniYield Quality Fund Moving Average
Moving averages show the average price of MQY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.88 is above the price of $13.83.
Blackrock MuniYield Quality Fund Bollinger Bands
Bollinger bands comprise of a center line usually MQY SMA, and two MQY 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 $13.83 is in the lower range of Blackrock MuniYield Quality Fund bollinger bands.
Blackrock MuniYield Quality Fund 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 MACD indicator can be used to identify bullish and bearish trends for the stock.
Blackrock MuniYield Quality Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . 39.48 is the RSI value of MQY stock.