Technical Analysis for MMIN - IQ MacKay Shields Municipal Insured ETF ETF

Grade Last Price % Change Price Change
grade A 26.99 0.17% 0.05
MMIN closed up 0.17 percent on Friday, May 29, 2020, on 41 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical MMIN trend table...

Date Alert Name Type % Chg
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 0.17%
Cup with Handle Other 0.17%
Narrow Range Bar Range Contraction 0.17%
NR7 Range Contraction 0.17%
NR7-2 Range Contraction 0.17%

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Profile

The investment seeks current income exempt from federal income tax. The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Instead, it uses an active management strategy to meet its investment objective. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus borrowings for investment purposes) in: (i) debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal Income tax ("Municipal Bonds"); and (ii) debt securities covered by an insurance policy guaranteeing the payment of principal and interest.
Exchange Traded Fund ETF Bond Security Municipal Bond Real Estate Mortgage Investment Conduit Local Government In The United States

Is MMIN 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 29.98
52 Week Low 22.44
Average Volume 67,587
200-Day Moving Average 26.41
50-Day Moving Average 26.23
20-Day Moving Average 26.56
10-Day Moving Average 26.81
Average True Range 0.17
ADX 17.22
+DI 35.07
-DI 18.25
Chandelier Exit (Long, 3 ATRs ) 26.53
Chandelier Exit (Short, 3 ATRs ) 26.35
Upper Bollinger Band 27.15
Lower Bollinger Band 25.96
Percent B (%b) 0.86
BandWidth 4.48
MACD Line 0.19
MACD Signal Line 0.14
MACD Histogram 0.0441
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.08
Resistance 3 (R3) 27.08 27.05 27.07
Resistance 2 (R2) 27.05 27.03 27.05 27.06
Resistance 1 (R1) 27.02 27.02 27.02 27.02 27.05
Pivot Point 26.99 26.99 26.99 26.99 26.99
Support 1 (S1) 26.96 26.97 26.96 26.96 26.93
Support 2 (S2) 26.93 26.96 26.93 26.92
Support 3 (S3) 26.90 26.93 26.92
Support 4 (S4) 26.90