Technical Analysis for YMAG - YieldMax Magnificent 7 Fund of Option Income ETFs

Grade Last Price % Change Price Change
A 19.52 -0.56% -0.11
YMAG closed down 0.56 percent on Wednesday, November 20, 2024, on 1.42 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Gapped Up Strength 0.83%
Overbought Stochastic Strength 0.83%
Overbought Stochastic Strength 1.67%
Gapped Down Weakness 1.67%
Overbought Stochastic Strength -0.10%
New 52 Week Closing High Bullish -1.06%
Pocket Pivot Bullish Swing Setup -1.06%
Doji - Bearish? Reversal -1.06%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 16 hours ago
Rose Above Previous Day's High about 16 hours ago
Down 1% about 16 hours ago
Down 1 ATR about 16 hours ago
Up 1% 1 day ago

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Profile

The fund is a "fund of funds," meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. Under normal circumstances, the fund will be nearly fully invested in the seven Underlying YieldMax" ETFs; provided that for tax purposes, instead of investing in a particular Underlying YieldMax" ETF, the fund may invest directly in substantially the same instruments held by that same Underlying YieldMax" ETF. The fund is non-diversified.
Classification

Keywords: Exchange Traded Funds Investment Management Inverse Exchange Traded Fund Fund Of Funds

Top 10 Components

Symbol Grade Price % Change Allocation
AMZY B -0.54 14.53
MSFO D -0.86 13.68
GOOY B -0.75 13.66
FBY B 0.64 13.65
NVDY A -0.66 13.60
APLY A 0.23 13.23

Is YMAG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.7756
52 Week Low 14.6337
Average Volume 513,566
200-Day Moving Average 17.24
50-Day Moving Average 18.44
20-Day Moving Average 19.05
10-Day Moving Average 19.53
Average True Range 0.29
RSI (14) 62.12
ADX 20.5
+DI 31.24
-DI 19.14
Chandelier Exit (Long, 3 ATRs) 18.89
Chandelier Exit (Short, 3 ATRs) 18.81
Upper Bollinger Bands 20.09
Lower Bollinger Band 18.00
Percent B (%b) 0.73
BandWidth 10.95
MACD Line 0.36
MACD Signal Line 0.34
MACD Histogram 0.0153
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.10
Resistance 3 (R3) 20.09 19.90 20.00
Resistance 2 (R2) 19.90 19.75 19.90 19.97
Resistance 1 (R1) 19.71 19.66 19.61 19.71 19.94
Pivot Point 19.51 19.51 19.46 19.51 19.51
Support 1 (S1) 19.32 19.36 19.23 19.33 19.10
Support 2 (S2) 19.13 19.27 19.13 19.07
Support 3 (S3) 18.94 19.13 19.04
Support 4 (S4) 18.94