- Bullish trend confirmed on both short and long timeframes
- RSI at 27 — potential oversold entry point
- Pays a regular dividend of $0.07 per share
VanEck Vectors AMT-Free Long Municipal ETF upgraded from Sell Candidate to Buy Candidate after Friday trading session
(Updated on Jul 31, 2026)
The VanEck Vectors AMT-Free Long Municipal ETF price fell by -0.258% on the last day (Friday, 31st Jul 2026) from $17.42 to $17.37. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0.548% from a day low at $17.32 to a day high of $17.42. The price has fallen in 7 of the last 10 days and is down by -1.36% for this period. Volume has increased on the last day by 45 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 181 thousand shares were bought and sold for approximately $3.14 million.
The ETF is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $17.32 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect VanEck Vectors AMT-Free Long Municipal ETF with a 90% probability to be traded between $17.34 and $17.84 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
MLN Signals & Forecast
The VanEck Vectors AMT-Free Long Municipal ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $17.41 and $17.62. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Thursday, July 23, 2026, and so far it has risen 0.231%. Further rise is indicated until a new top pivot has been found. The ETF had a Golden Star Signal on Thursday, September 04, 2025 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Thursday, September 04, 2025 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for VanEck Vectors AMT-Free Long Municipal ETF
VanEck Vectors AMT-Free Long Municipal finds support from accumulated volume at $17.33 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.0950 between high and low, or 0.548%. For the last week the ETF has had daily average volatility of 0.496%.
Our recommended stop-loss: $16.43 (-5.40%) (This ETF has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (MLN) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect VanEck Vectors AMT-Free Long Municipal Index ETF to open at $17.37, and during the day (based on 14 day Average True Range), to move between $17.33 and $17.41, which gives a possible trading interval of +/-$0.0818 (+/-0.47%) up or down from last closing price. If VanEck Vectors AMT-Free Long Municipal Index ETF takes out the full calculated possible swing range there will be an estimated 0.47% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $17.33 (0.23%) than the resistance at $17.61 (1.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is VanEck Vectors AMT-Free Long Municipal Index ETF ETF A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.
Current score:
1.067
Buy Candidate
Upgraded
Predicted Fair Opening Price
Predicted fair opening price on August 3, 2026 - $17.37 ( 0.0096%).
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MLN Performance
Trading levels for MLN
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 17.46 | 0.537% |
| R2 | 17.43 | 0.328% |
| R1 | 17.40 | 0.199% |
| Price | 17.37 | |
| S1 | 17.33 | -0.219% |
| S2 | 17.31 | -0.348% |
| S3 | 17.27 | -0.557% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 17.66 | 1.67% |
| R2 | 17.64 | 1.55% |
| R1 | 17.61 | 1.38% |
| Price | 17.37 | |
| S1 | 17.33 | -0.230% |
| S2 | 17.32 | -0.288% |
| S3 | 17.30 | -0.403% |
MLN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 01, 2026 | Jul 01, 2026 | Jul 07, 2026 | $0.0691 | 0.390% |
| 2 | Jun 01, 2026 | Jun 01, 2026 | Jun 04, 2026 | $0.0465 | 0.265% |
| 3 | May 01, 2026 | May 01, 2026 | May 06, 2026 | $0.0545 | 0.310% |
| 4 | Apr 01, 2026 | Apr 01, 2026 | Apr 01, 2026 | $0.0600 | 0.343% |
| 5 | Jan 15, 2026 | Mar 02, 2026 | Mar 05, 2026 | $0.0509 | 0.289% |
FAQ
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Buy MLN
A buy signal from a double bottom formation was found on Thursday, July 23, 2026 and based on theory for this formation the price should go up by 3.97% to $18.06 within 43 trading days (Wednesday, September 23, 2026) since signal was issued.