PIONEER MUNI HIGH INC TR (MHI) Stock Technical Analysis
USA - NYSE:MHI - US7237631087
8.945 USD
+0.04 (+0.51%)
8.9327 USD
-0.01 (-0.14%)
Overall MHI gets a technical rating of 1 out of 10. MHI's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, MHI is a bad performer in the overall market: 76% of all stocks are doing better.
MHI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MHI has a been trading in a tight range between 8.86 and 9.03.
Considerably lower volume is observed in the last couple of days.
MHI 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 8.93, a Stop Loss order could be placed below this zone.
More info and screens
8.43
9.80
2 important support areas can be observed.
- A support zone ranging from 8.86 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.52 to 8.64. 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 9.02 to 9.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.48 to 9.70. 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 | DOWN | NEGATIVE | The long term trend for MHI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MHI is down. |
| ChartMill Relative Strength | 24.17 | NEGATIVE | MHI has a low relative strength, it was outperformed by 75.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.96 | NEUTRAL | The RSI value for MHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MHI has a positive trend. |
| Stochastics (14,3) | 30.15 | NEUTRAL | The Stochastics value for MHI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for MHI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for MHI suggests a weak or negative 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)
8.945
+0.04 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.51%
1 Week0.51%
2 Weeks0.81%
1 Month0.39%
3 Month-1.27%
6 Month-4.74%
12 Month-5.24%
2 Year12.37%
3 Year-6.04%
5 Year-23.35%
10 Year-26.74%
15 Year-40.92%
Volatility
ATR(14)0.04
ATR(20)%0.42%
ATR Inc6.02%
Range Today0.03
ADR(20)0.03
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.17
Mansfield-1.23
10 Day High8.95
10 Day Low8.89
20 Day High9.03
20 Day Low8.86
52 Week High9.74
52 Week Low8.63
CS1 End8.93
CR1 Start9.02
Volume & EV
DER(3)-0.87%
DER(5)0.41%
Volume39.40K
Volume Incr-28.9%
Vol(5)61.34K
Vol(50)106.14K