Technical Analysis for MMIT - IQ MacKay Shields Municipal Intermediate ETF

Grade Last Price % Change Price Change
grade A 26.53 -0.23% -0.06
MMIT closed down 0.23 percent on Tuesday, August 20, 2019, on 24 percent of 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
Very Strong N/A Up Flat
See historical MMIT trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.23%
180 Bullish Setup Bullish Swing Setup -0.23%
Overbought Stochastic Strength -0.23%
Up 3 Days in a Row Strength -0.23%
Up 4 Days in a Row Strength -0.23%
Up 5 Days in a Row Strength -0.23%

Older signals for MMIT ...

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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 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 Institutional Investors Bond 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
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 26.6
52 Week Low 24.255
Average Volume 2,513
200-Day Moving Average 0.0
50-Day Moving Average 26.1273
20-Day Moving Average 26.332
10-Day Moving Average 26.4713
Average True Range 0.0507
ADX 59.15
+DI 51.6524
-DI 11.0392
Chandelier Exit (Long, 3 ATRs ) 26.4479
Chandelier Exit (Short, 3 ATRs ) 26.2671
Upper Bollinger Band 26.6428
Lower Bollinger Band 26.0212
Percent B (%b) 0.82
BandWidth 2.360626
MACD Line 0.1332
MACD Signal Line 0.1176
MACD Histogram 0.0156
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.56
Resistance 3 (R3) 26.56 26.56 26.56
Resistance 2 (R2) 26.56 26.55 26.56 26.55
Resistance 1 (R1) 26.54 26.54 26.54 26.54 26.55
Pivot Point 26.54 26.54 26.54 26.54 26.54
Support 1 (S1) 26.52 26.53 26.52 26.52 26.51
Support 2 (S2) 26.52 26.52 26.52 26.51
Support 3 (S3) 26.50 26.52 26.51
Support 4 (S4) 26.50