MIY Blackrock Muniyield Michigan Quality Fund Forecast, Technical & Fundamental Analysis
Blackrock Muniyield Michigan Quality Fund Inc is a closed end fund... Show more
MIY in downward trend: price dove below 50-day moving average on June 09, 2025
MIY moved below its 50-day moving average on June 09, 2025 date and that indicates a change from an upward trend to a downward trend. In of 38 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for MIY crossed bearishly below the 50-day moving average on June 13, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MIY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for MIY entered a downward trend on July 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MIY's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 03, 2025. You may want to consider a long position or call options on MIY as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MIY just turned positive on July 01, 2025. Looking at past instances where MIY's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
MIY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PJGQX | 22.76 | 0.35 | +1.56% |
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| LOGOX | 37.57 | 0.26 | +0.70% |
| Scharf Multi-Asset Opportunity Instl | |||
| JMVSX | 37.01 | 0.15 | +0.41% |
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| NAWCX | 46.73 | 0.18 | +0.39% |
| Voya Global High Dividend Low Vol C | |||
MIY and ETFs
Correlation & Price change
A.I.dvisor tells us that MIY and NPV have been poorly correlated (+32% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MIY and NPV's prices will move in lockstep.