WESTERN ASSET MUNICIPAL HIGH (MHF) Stock Technical Analysis
NYSE:MHF - US95766N1037
7.37 USD
-0.01 (-0.14%)
We assign a technical rating of 7 out of 10 to MHF. MHF has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MHF has a been trading in the 6.72 - 7.50 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MHF outperforms 44% of them, which is more or less in line with the market.
MHF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MHF is lagging the market.
Although MHF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.52
7.91
We found 1 important support area.
- A support zone ranging from 6.59 to 7.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- 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.
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 | NEUTRAL | NEUTRAL | The long term trend for MHF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MHF is up. |
| ChartMill Relative Strength | 44.36 | NEUTRAL | MHF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MHF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MHF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MHF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.2 | OVERBOUGHT | The high RSI value suggests MHF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MHF has a positive trend. |
| Stochastics (14,3) | 78.49 | NEUTRAL | The Stochastics value for MHF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for MHF suggests low volalility. |
| Average Directional Index/ADX (14) | 33.35 | POSITIVE | The high ADX value value for MHF suggests a strong trend. |
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)
NYSE:MHF (9/11/2025, 8:04:00 PM)
7.37
-0.01 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.14%
1 Week4.99%
2 Weeks7.43%
1 Month6.97%
3 Month5.89%
6 Month-2.38%
12 Month0.82%
2 Year21.02%
3 Year18.87%
5 Year-1.07%
10 Year1.94%
15 Year-5.75%
Volatility
ATR(14)0.14
ATR(20)%1.63%
ATR Inc132.09%
Range Today0.16
ADR(20)0.12
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.36
Mansfield-0.69
10 Day High7.5
10 Day Low6.82
20 Day High7.5
20 Day Low6.72
52 Week High7.83
52 Week Low6.61
CS1 End7.12
CR1 Start7.65
Volume & EV
DER(3)5.59%
DER(5)4.22%
Volume40.60K
Volume Incr26.34%
Vol(5)84.56K
Vol(50)73.54K