BNY MELLON STRATEGIC MUNI (LEO) Stock Technical Analysis
NYSE:LEO - New York Stock Exchange, Inc. - US05588W1080 - Currency: USD
Overall LEO gets a technical rating of 4 out of 10. LEO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, LEO turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
LEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEO is lagging the market.
In the last month LEO has a been trading in a tight range between 6.03 and 6.27.
Although the technical rating is only medium, LEO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.19, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.76
6.69
3 important support areas can be observed.
- A support zone ranging from 6.09 to 6.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.97 to 5.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.82 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @6.22 from a horizontal line in the daily time frame.
- Strong resistance @6.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.60 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.26
Mansfield-0.79
10 Day High6.27
10 Day Low6.1
20 Day High6.27
20 Day Low6.03
52 Week High6.64
52 Week Low5.79
Performance
1 Week1.14%
2 Weeks1.31%
1 Month1.97%
3 Month-0.64%
6 Month-2.13%
12 Month2.99%
2 Year0.32%
3 Year-18.29%
5 Year-27.03%
10 Year-26.16%
15 Year-26.86%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)56.36
LBB6.07
UBB6.26
BNY MELLON STRATEGIC MUNI
NYSE:LEO (2/11/2025, 8:04:00 PM)
6.21
-0.01 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.16%
1 Week1.14%
2 Weeks1.31%
1 Month1.97%
3 Month-0.64%
6 Month-2.13%
12 Month2.99%
2 Year0.32%
3 Year-18.29%
5 Year-27.03%
10 Year-26.16%
15 Year-26.86%
Volatility
ATR(14)0.05
ATR(20)%0.93%
ATR Inc0.03%
Range Today0.04
ADR(20)0.05
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.26
Mansfield-0.79
10 Day High6.27
10 Day Low6.1
20 Day High6.27
20 Day Low6.03
52 Week High6.64
52 Week Low5.79
CS1 End6.19
CR1 Start6.22
Volume & EV
DER(3)0.76%
DER(5)1.89%
Volume154.40K
Volume Incr27.37%
Vol(5)219.22K
Vol(50)202.44K