YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
YieldMax Magnificent 7 Fund of Option Income ETFs is trading at $11.23, down 0.40% on the session. The 50 day average sits at $11.54 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 48.4, which reads as neutral, and MACD is bullish crossover. Volume is below average.
The nearest support is around $10.97 with resistance near $11.68, so that band frames the current range. Average daily movement is roughly $0.19, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 28, momentum of 63 and a risk score of 77.
Technical indicators
About YieldMax Magnificent 7 Fund of Option Income ETFs
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.