Technical Analysis for MIY - Blackrock MuniYield Michigan Quality Fund, Inc.

Grade Last Price % Change Price Change
grade A 14.58 -0.14% -0.02
MIY closed down 0.14 percent on Monday, January 27, 2020, on 35 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up
Historical MIY trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish -0.14%
Upper Bollinger Band Walk Strength -0.14%
Above Upper BB Strength -0.14%

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Profile

BlackRock MuniYield Michigan Quality Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC and Blackrock Financial Management Inc. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term municipal obligations, as well as in swap agreements. BlackRock MuniYield Michigan Quality Fund, Inc. was formed in 1991 and is domiciled in United States.
Blackrock Closed End Fund Black Rock Draft:Bennett Golub Investment Companies

Is MIY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.641
52 Week Low 12.78
Average Volume 40,437
200-Day Moving Average 13.97
50-Day Moving Average 14.15
20-Day Moving Average 14.35
10-Day Moving Average 14.46
Average True Range 0.09
ADX 53.63
+DI 33.61
-DI 4.63
Chandelier Exit (Long, 3 ATRs ) 14.37
Chandelier Exit (Short, 3 ATRs ) 14.35
Upper Bollinger Band 14.63
Lower Bollinger Band 14.07
Percent B (%b) 0.91
BandWidth 3.91
MACD Line 0.12
MACD Signal Line 0.10
MACD Histogram 0.0201
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.67
Resistance 3 (R3) 14.68 14.66 14.66
Resistance 2 (R2) 14.66 14.64 14.66 14.65
Resistance 1 (R1) 14.62 14.62 14.61 14.61 14.65
Pivot Point 14.60 14.60 14.60 14.60 14.60
Support 1 (S1) 14.56 14.58 14.55 14.55 14.51
Support 2 (S2) 14.54 14.56 14.53 14.51
Support 3 (S3) 14.50 14.54 14.50
Support 4 (S4) 14.49