WESTERN ASSET MUNICIPAL HIGH (MHF) Technical Analysis
NYSE:MHF • US95766N1037
Current stock price
MHF Technical Rating and Analysis
Overall MHF gets a technical rating of 1 out of 10. MHF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MHF is a bad performer in the overall market: 72% of all stocks are doing better.
- MHF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MHF is lagging the market.
- In the last month MHF has a been trading in a tight range between 6.84 and 7.05.
MHF Weekly and Daily overview Charts
MHF Setup Rating and Analysis
MHF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.86, a Stop Loss order could be placed below this zone.
More info and screens
MHF Support and Resistance Analysis
6.52
When analyzing the support we notice one important area.
- A support zone ranging from 6.59 to 6.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.90 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.64 to 7.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
MHF Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MHF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MHF is down. |
| ChartMill Relative Strength | 28.2 | NEGATIVE | MHF has a low relative strength, it was outperformed by 71.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MHF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MHF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MHF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.43 | NEUTRAL | The RSI value for MHF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MHF has a negative trend. |
| Stochastics (14,3) | 21.47 | NEUTRAL | The Stochastics value for MHF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for MHF suggests low volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for MHF suggests a possible start of a new trend. |
MHF Chart- and CandleStick Pattern Analysis
MHF Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MHF (3/16/2026, 8:04:00 PM)
6.89
+0.02 (+0.28%)
WESTERN ASSET MUNICIPAL HIGH / MHF TA FAQ
What is the ChartMill technical rating of WESTERN ASSET MUNICIPAL HIGH (MHF) stock?
ChartMill assigns a technical rating of 1 / 10 to MHF.
What is the current trend direction of WESTERN ASSET MUNICIPAL HIGH (MHF) stock?
The current trend direction for WESTERN ASSET MUNICIPAL HIGH (MHF) is Bearish.
What is the RSI signal for MHF stock?
WESTERN ASSET MUNICIPAL HIGH (MHF) has an RSI value of 41.4333. This indicates that the stock is currently neutral.
What is the short term momentum for MHF stock?
The short term momentum for WESTERN ASSET MUNICIPAL HIGH (MHF) is negative.
What are the support and resistance levels for WESTERN ASSET MUNICIPAL HIGH (MHF) stock?
WESTERN ASSET MUNICIPAL HIGH (MHF) has a support level at 6.86 and a resistance level at 6.9. Check the full technical report for our detailed analysis of MHF support and resistance levels.