Technical Analysis for MMKT - Texas Capital Government Money Market ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 100.17 | 0.02% | 0.02 |
MMKT closed up 0.02 percent on Tuesday, October 29, 2024, on 47 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | N/A | N/A | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Doji - Bearish? | Reversal | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Up 4 Days in a Row | Strength | 0.00% | |
| New 52 Week Closing High | Bullish | 0.02% | |
| Doji - Bearish? | Reversal | 0.02% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | about 13 hours ago |
| Fell Below 20 DMA | about 13 hours ago |
| Fell Below 10 DMA | about 13 hours ago |
| Down 2 ATRs | about 13 hours ago |
| Down 1 ATR | about 13 hours ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
MMKT is the first ETF to comply with Rule 2a-7 of the 1940 Act, technically qualifying as a government money market fund. The rule is designed to preserve stability and liquidity, ensuring that redemption requests can be fulfilled. However, MMKT will not maintain a stable net asset value (NAV) of $1. The fund will allocate at least 99.5% of its assets to cash, US government securities, or fully collateralized repurchase agreements. The objective is to generate competitive yields while preserving capital. Note that a significant portion of the funds assets are overnight repurchase agreements, and income from these may not be exempt from state and local taxes, which could affect the after-tax yield compared to traditional government securities.
Keywords: Repurchase Agreement Money Market Fund Money Market Us Government
Classification
Keywords: Repurchase Agreement Money Market Fund Money Market Us Government
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 100.17 |
| 52 Week Low | 99.7348 |
| Average Volume | 19,441 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 0.00 |
| 20-Day Moving Average | 100.01 |
| 10-Day Moving Average | 100.09 |
| Average True Range | 0.02 |
| RSI (14) | 0.00 |
| ADX | 0.0 |
| +DI | 74.78 |
| -DI | 5.35 |
| Chandelier Exit (Long, 3 ATRs) | 100.10 |
| Chandelier Exit (Short, 3 ATRs) | 99.88 |
| Upper Bollinger Bands | 100.19 |
| Lower Bollinger Band | 99.82 |
| Percent B (%b) | 0.93 |
| BandWidth | 0.38 |
| MACD Line | 0.11 |
| MACD Signal Line | 0.08 |
| MACD Histogram | 0.0308 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 100.19 | ||||
| Resistance 3 (R3) | 100.18 | 100.18 | 100.18 | ||
| Resistance 2 (R2) | 100.18 | 100.17 | 100.18 | 100.18 | |
| Resistance 1 (R1) | 100.17 | 100.17 | 100.18 | 100.18 | 100.18 |
| Pivot Point | 100.17 | 100.17 | 100.17 | 100.17 | 100.17 |
| Support 1 (S1) | 100.16 | 100.16 | 100.16 | 100.16 | 100.16 |
| Support 2 (S2) | 100.16 | 100.16 | 100.16 | 100.16 | |
| Support 3 (S3) | 100.15 | 100.16 | 100.16 | ||
| Support 4 (S4) | 100.15 |
