WESTERN ASSET MUNICIPAL HIGH (MHF) Stock Technical Analysis
NYSE:MHF - New York Stock Exchange, Inc. - US95766N1037 - Currency: USD
Taking everything into account, MHF scores 2 out of 10 in our technical rating. Although MHF is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month MHF has a been trading in the 6.92 - 7.83 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, MHF did better than 78% of all other stocks.
MHF is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so MHF is still doing slightly better than the market.
MHF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.94, a Stop Loss order could be placed below this zone.
More info and screens
6.67
7.91
We found 2 important support areas.
- Strong support @6.94 from a horizontal line in the daily time frame.
- A support zone ranging from 6.74 to 6.80. 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 7.04 to 7.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.24 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.65 to 7.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.52
Mansfield0.87
10 Day High7.42
10 Day Low6.92
20 Day High7.83
20 Day Low6.92
52 Week High7.83
52 Week Low6.51
Performance
1 Week-1.68%
2 Weeks-4.1%
1 Month-8.12%
3 Month0.14%
6 Month-0.71%
12 Month3.24%
2 Year8.67%
3 Year4.62%
5 Year4%
10 Year-10.8%
15 Year-6.9%
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)36.92
LBB6.87
UBB7.49
NYSE:MHF (4/21/2025, 4:15:00 PM)
7.02
+0.03 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.43%
1 Week-1.68%
2 Weeks-4.1%
1 Month-8.12%
3 Month0.14%
6 Month-0.71%
12 Month3.24%
2 Year8.67%
3 Year4.62%
5 Year4%
10 Year-10.8%
15 Year-6.9%
Volatility
ATR(14)0.19
ATR(20)%2.77%
ATR Inc-47.68%
Range Today0.14
ADR(20)0.19
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.52
Mansfield0.87
10 Day High7.42
10 Day Low6.92
20 Day High7.83
20 Day Low6.92
52 Week High7.83
52 Week Low6.51
CS1 End6.94
CR1 Start7.04
Volume & EV
DER(3)-1.37%
DER(5)-1.61%
Volume76.92K
Volume Incr49.29%
Vol(5)74.46K
Vol(50)60.78K