XAI MADISON EQUITY PREMIUM I (MCN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCN - US5574371002
Taking everything into account, MCN scores 1 out of 10 in our technical rating. MCN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MCN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.65
When analyzing the support we can see 2 important areas.
- Support @5.82 from a trend line in the weekly time frame.
- Support @5.71 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.89 to 6.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @6.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.28 to 6.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for MCN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCN is neutral. |
| ChartMill Relative Strength | 22.36 | NEGATIVE | MCN has a low relative strength, it was outperformed by 77.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MCN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for MCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.12 | NEUTRAL | The Stochastics value for MCN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for MCN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.95 | NEGATIVE | The low ADX value for MCN suggests a weak or negative trend. |
NYSE:MCN (12/15/2025, 3:11:15 PM)
5.87
+0.01 (+0.17%)
XAI MADISON EQUITY PREMIUM I / MCN FAQ
What is the technical rating for MCN stock?
ChartMill assigns a technical rating of 1 / 10 to MCN.
Can you provide the trend direction for XAI MADISON EQUITY PREMIUM I?
The current trend direction for XAI MADISON EQUITY PREMIUM I (MCN) is Bearish.
What is the RSI signal for MCN stock?
XAI MADISON EQUITY PREMIUM I (MCN) has an RSI value of 46.9727. This indicates that the stock is currently neutral.
What is the MACD signal for XAI MADISON EQUITY PREMIUM I (MCN) stock?
The MACD indicator for XAI MADISON EQUITY PREMIUM I (MCN) has a value of 0.0124717, indicating a bearish trend.