Overall BUYW gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BUYW is only an average performer.
BUYW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BUYW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
13.67
We found 1 important support area.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BUYW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUYW is up. |
| ChartMill Relative Strength | 48.14 | NEUTRAL | BUYW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUYW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUYW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUYW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.51 | NEUTRAL | The RSI value for BUYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BUYW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.66 | OVERBOUGHT | The high Stochastics value suggests BUYW may be overbought. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for BUYW suggests low volalility. |
| Average Directional Index/ADX (14) | 28.71 | POSITIVE | The high ADX value value for BUYW suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.25 | 14.19 | 0.07 (0.46%) | 25.00% |
| An entry @14.25. This is a Buy Stop order right above the 10 day moving average. | An exit @14.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
NYSEARCA:BUYW (12/12/2025, 8:17:09 PM)
14.23
-0.09 (-0.63%)
ChartMill assigns a technical rating of 7 / 10 to BUYW.
The current trend direction for MAIN BUYWRITE ETF (BUYW) is Bullish.
MAIN BUYWRITE ETF (BUYW) has an RSI value of 50.5104. This indicates that the stock is currently neutral.
The short term momentum for MAIN BUYWRITE ETF (BUYW) is positive.
The buy/sell signal for MAIN BUYWRITE ETF (BUYW) is buy as both the short term and long term trends are positive.