Blackrock Muni New York Intermediate Duration Fu (MNE) Stock Technical Analysis
NYSE:MNE -
14.55
-0.05 (-0.38%)
Taking everything into account, MNE scores 5 out of 10 in our technical rating. MNE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: MNE has an average volume of 7602 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, MNE turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
MNE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNE is lagging the market.
In the last month MNE has a been trading in a tight range between 14.38 and 14.74.
Volume is considerably higher in the last couple of days.
MNE has only a medium 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 14.54, a Stop Loss order could be placed below this zone.
More info and screens
13.07
16.21
2 important support areas can be observed.
- A support zone ranging from 14.44 to 14.54. 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 13.20 to 13.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.56 to 14.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.97 to 16.05. 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 MNE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNE is up. |
| ChartMill Relative Strength | 60.47 | NEUTRAL | MNE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MNE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.22 | NEUTRAL | The RSI value for MNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MNE has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests MNE may be oversold. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for MNE suggests low volalility. |
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)
Blackrock Muni New York Intermediate Duration Fu
NYSE:MNE (6/15/2020, 8:04:03 PM)
14.55
-0.05 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.38%
1 Week0%
2 Weeks-0.95%
1 Month1.18%
3 Month10.14%
6 Month-4.65%
12 Month0.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.56%
ATR Inc23.93%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.47
Mansfield-0.35
10 Day High14.74
10 Day Low14.55
20 Day High14.74
20 Day Low14.38
52 Week High16.11
52 Week Low12.73
CS1 End14.54
CR1 Start14.56
Volume & EV
DER(3)1.21%
DER(5)0.22%
Volume46.30K
Volume Incr82%
Vol(5)12.76K
Vol(50)7.60K