BLACKROCK MUNIHOLDING NY QLT (MHN) Stock Technical Analysis
NYSE:MHN • US09255C1062
Overall MHN gets a technical rating of 2 out of 10. In the last year, MHN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 67% of all other stocks performed better in the past year than MHN.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- MHN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MHN is lagging the market slightly.
- In the last month MHN has a been trading in a tight range between 10.15 and 10.44.
Although the technical rating is bad, MHN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.30, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.12 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.71 from a horizontal line in the daily time frame.
- A support zone ranging from 9.42 to 9.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.47 to 10.58. 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 | UP | POSITIVE | The long term trend for MHN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MHN is neutral. |
| ChartMill Relative Strength | 33.59 | NEUTRAL | MHN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MHN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MHN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MHN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.58 | NEUTRAL | The RSI value for MHN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MHN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.5 | NEUTRAL | The Stochastics value for MHN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for MHN suggests low volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for MHN suggests a possible start of a new trend. |
NYSE:MHN (2/6/2026, 8:04:00 PM)
10.3
-0.04 (-0.39%)
BLACKROCK MUNIHOLDING NY QLT / MHN FAQ
What is the ChartMill technical rating of BLACKROCK MUNIHOLDING NY QLT (MHN) stock?
ChartMill assigns a technical rating of 2 / 10 to MHN.
What is the trend direction for MHN stock?
The current trend direction for BLACKROCK MUNIHOLDING NY QLT (MHN) is Bullish.
What is the RSI signal for MHN stock?
BLACKROCK MUNIHOLDING NY QLT (MHN) has an RSI value of 50.5825. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACKROCK MUNIHOLDING NY QLT?
The MACD indicator for BLACKROCK MUNIHOLDING NY QLT (MHN) has a value of 0.00689594, indicating a bearish trend.
What are the support and resistance levels for BLACKROCK MUNIHOLDING NY QLT (MHN) stock?
BLACKROCK MUNIHOLDING NY QLT (MHN) has a support level at 10.3 and a resistance level at 10.47. Check the full technical report for our detailed analysis of MHN support and resistance levels.