BLACKROCK MUNIHOLDING NY QLT (MHN) Stock Technical Analysis
NYSE:MHN - New York Stock Exchange, Inc. - US09255C1062 - Currency: USD
Overall MHN gets a technical rating of 0 out of 10. MHN'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.
68% of all other stocks performed better in the past year than MHN.
MHN 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 MHN is lagging the market.
In the last month MHN has a been trading in a tight range between 9.70 and 10.09.
The technical rating of MHN is bad and it also does not present a quality setup 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
9.43
11.26
2 important support areas can be observed.
- Support @9.70 from a horizontal line in the weekly time frame.
- Support @9.53 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 9.77 to 10.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.23 to 10.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.59 to 10.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.91 from a horizontal line in the weekly time frame.
- Resistance @11.15 from a horizontal line in the weekly time frame.
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 MHN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MHN is down. |
| ChartMill Relative Strength | 32.53 | 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 | NEGATIVE | The current price of MHN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MHN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.71 | NEUTRAL | The RSI value for MHN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MHN has a negative trend. |
| Stochastics (14,3) | 7.59 | OVERSOLD | The low Stochastics value suggests MHN may be oversold. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for MHN suggests low volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for MHN 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)
NYSE:MHN (5/23/2025, 8:36:39 PM)
9.73
-0.02 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week-2.41%
2 Weeks-3.28%
1 Month-1.62%
3 Month-7.33%
6 Month-8.9%
12 Month-8.64%
2 Year-3.76%
3 Year-17.33%
5 Year-25.73%
10 Year-30.4%
15 Year-31.43%
Volatility
ATR(14)0.09
ATR(20)%0.93%
ATR Inc-11.91%
Range Today0.07
ADR(20)0.09
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.53
Mansfield-0.95
10 Day High10.08
10 Day Low9.7
20 Day High10.09
20 Day Low9.7
52 Week High11.2
52 Week Low9.52
CS1 End9.7
CR1 Start9.77
Volume & EV
DER(3)2.51%
DER(5)1.21%
Volume33.50K
Volume Incr27.34%
Vol(5)60.48K
Vol(50)60.36K