Technical Analysis for MMIT - IQ MacKay Shields Municipal Intermediate ETF

Grade Last Price % Change Price Change
grade A 26.635 0.11% 0.03
MMIT closed up 0.11 percent on Friday, August 7, 2020, on 2.55 times normal volume. 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
Strong Up Up Flat
Historical MMIT trend table...

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Three Weeks Tight Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Cup with Handle Other 0.11%
Overbought Stochastic Strength 0.11%
Cup with Handle Other 0.17%
Narrow Range Bar Range Contraction 0.17%
NR7 Range Contraction 0.17%
NR7-2 Range Contraction 0.17%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 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").
Exchange Traded Fund ETF Bond Institutional Investors Security Hedge Fund Municipal Bond Local Government In The United States

Is MMIT 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 26.83
52 Week Low 22.05
Average Volume 5,887
200-Day Moving Average 26.04
50-Day Moving Average 26.27
20-Day Moving Average 26.48
10-Day Moving Average 26.56
Average True Range 0.05
ADX 37.56
+DI 45.12
-DI 12.46
Chandelier Exit (Long, 3 ATRs ) 26.49
Chandelier Exit (Short, 3 ATRs ) 26.34
Upper Bollinger Band 26.69
Lower Bollinger Band 26.27
Percent B (%b) 0.87
BandWidth 1.59
MACD Line 0.11
MACD Signal Line 0.11
MACD Histogram 0.0007
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.71
Resistance 3 (R3) 26.70 26.67 26.70
Resistance 2 (R2) 26.67 26.65 26.68 26.69
Resistance 1 (R1) 26.65 26.64 26.66 26.66 26.69
Pivot Point 26.62 26.62 26.63 26.63 26.62
Support 1 (S1) 26.60 26.60 26.61 26.61 26.58
Support 2 (S2) 26.57 26.59 26.57 26.58
Support 3 (S3) 26.55 26.57 26.57
Support 4 (S4) 26.56