XAI MADISON EQUITY PREMIUM I (MCN)

US5574371002

6.685  +0.05 (+0.83%)

After market: 6.75 +0.07 (+0.97%)

Technical Rating and Analysis

0

Overall MCN gets a technical rating of 0 out of 10. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than MCN.
MCN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MCN has a been trading in the 6.52 - 7.13 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MCN Weekly chart
MCN Daily chart
Setup Rating and Analysis

2

The technical rating of MCN is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

6.48

7.69

We found 1 important support area.

  • A support zone ranging from 6.55 to 6.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 6.92 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 7.11 to 7.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 7.57 to 7.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.8
Mansfield-1.63
10 Day High7.07
10 Day Low6.52
20 Day High7.13
20 Day Low6.52
52 Week High7.72
52 Week Low6.52
Performance
1 Week-1.55%
2 Weeks-5.18%
1 Month-5.71%
3 Month-6.76%
6 Month-12.04%
12 Month-11.22%
2 Year-13.74%
3 Year-16.65%
5 Year0.83%
10 Year-17.87%
15 Year-24.89%
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)-0.04
RSI(14)32.66
LBB6.51
UBB7.24
MCN Daily chart

XAI MADISON EQUITY PREMIUM I

NYSE:MCN (12/24/2024, 8:26:53 PM)

After market: 6.75 +0.07 (+0.97%)

6.685

+0.05 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.83%
1 Week-1.55%
2 Weeks-5.18%
1 Month-5.71%
3 Month-6.76%
6 Month-12.04%
12 Month-11.22%
2 Year-13.74%
3 Year-16.65%
5 Year0.83%
10 Year-17.87%
15 Year-24.89%
Volatility
ATR(14)0.1
ATR(20)%1.31%
ATR Inc0.65%
Range Today0.1
ADR(20)0.08
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.8
Mansfield-1.63
10 Day High7.07
10 Day Low6.52
20 Day High7.13
20 Day Low6.52
52 Week High7.72
52 Week Low6.52
CS1 End6.64
CR1 Start6.92
Volume & EV
DER(3)3.94%
DER(5)3.54%
Volume28.30K
Volume Incr65.39%
Vol(5)85.72K
Vol(50)57.08K