BLACKROCK MUNIHOLDING NY QLT (MHN) Stock Technical Analysis
NYSE:MHN - New York Stock Exchange, Inc. - US09255C1062 - Currency: USD
We assign a technical rating of 0 out of 10 to MHN. MHN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, MHN is a bad performer in the overall market: 83% of all stocks are doing better.
MHN 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 MHN has a been trading in a tight range between 9.64 and 9.92.
Considerably lower volume is observed in the last couple of days.
MHN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MHN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.43
11.26
When analyzing the support we notice one important area.
- A support zone ranging from 9.53 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 9.75 to 9.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.03 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.59 to 10.62. 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 | 17.66 | NEGATIVE | MHN has a low relative strength, it was outperformed by 82.34% off all stocks 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) | 45.03 | NEUTRAL | The RSI value for MHN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MHN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.75 | NEUTRAL | The Stochastics value for MHN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for MHN suggests low volalility. |
| Average Directional Index/ADX (14) | 18.63 | 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 (7/11/2025, 8:04:00 PM)
9.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-1.32%
2 Weeks0.21%
1 Month-0.31%
3 Month-0.72%
6 Month-6.36%
12 Month-10.91%
2 Year-6.9%
3 Year-13.45%
5 Year-30.07%
10 Year-30.42%
15 Year-34.55%
Volatility
ATR(14)0.07
ATR(20)%0.79%
ATR Inc-37.31%
Range Today0.04
ADR(20)0.07
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.66
Mansfield-1.37
10 Day High9.92
10 Day Low9.68
20 Day High9.92
20 Day Low9.64
52 Week High11.2
52 Week Low9.52
CS1 End9.71
CR1 Start9.75
Volume & EV
DER(3)4.18%
DER(5)1.87%
Volume44.10K
Volume Incr-45.3%
Vol(5)33.12K
Vol(50)51.44K