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

Grade Last Price % Change Price Change
grade B 26.48 0.23% 0.06
MMIN closed up 0.23 percent on Tuesday, October 15, 2019, on 2.66 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Flat Flat
See historical MMIN trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
20 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%

Older signals for MMIN ...

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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 Bond Security United States Housing Bubble 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
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 29.04
52 Week Low 24.32
Average Volume 28,342
200-Day Moving Average 25.7545
50-Day Moving Average 26.4651
20-Day Moving Average 26.404
10-Day Moving Average 26.4785
Average True Range 0.261
ADX 31.77
+DI 80.4769
-DI 6.6391
Chandelier Exit (Long, 3 ATRs ) 28.257
Chandelier Exit (Short, 3 ATRs ) 26.853
Upper Bollinger Band 26.6021
Lower Bollinger Band 26.2059
Percent B (%b) 0.69
BandWidth 1.50053
MACD Line 0.0244
MACD Signal Line 0.0161
MACD Histogram 0.0083
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.44
Resistance 3 (R3) 30.85 29.95 29.78
Resistance 2 (R2) 29.95 28.94 29.74 29.56
Resistance 1 (R1) 28.21 28.32 29.08 27.80 29.34
Pivot Point 27.31 27.31 27.74 27.10 27.31
Support 1 (S1) 25.57 26.30 26.44 25.16 23.62
Support 2 (S2) 24.67 25.68 24.46 23.40
Support 3 (S3) 22.93 24.67 23.18
Support 4 (S4) 22.52