ISHARES NATIONAL MUNI BOND E (MUB) Stock Technical Analysis
NYSEARCA:MUB • US4642884146
We assign a technical rating of 7 out of 10 to MUB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MUB is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- MUB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- MUB has an average volume of 3596120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, MUB turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- In the last month MUB has a been trading in a tight range between 107.51 and 109.00.
Although MUB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
101.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 106.25 to 108.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.31 to 103.68. 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 108.57 to 108.92. This zone is formed by a combination of multiple trend lines and important moving averages 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 MUB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUB is up. |
| ChartMill Relative Strength | 41.77 | NEUTRAL | MUB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.85 | NEUTRAL | The RSI value for MUB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MUB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.95 | NEUTRAL | The Stochastics value for MUB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for MUB suggests low volalility. |
| Average Directional Index/ADX (14) | 34.77 | POSITIVE | The high ADX value value for MUB suggests a strong trend. |
108.27
-0.65 (-0.6%)
ISHARES NATIONAL MUNI BOND E / MUB FAQ
Can you provide the ChartMill technical rating for ISHARES NATIONAL MUNI BOND E?
ChartMill assigns a technical rating of 7 / 10 to MUB.
What is the trend direction for MUB stock?
The current trend direction for ISHARES NATIONAL MUNI BOND E (MUB) is Bullish.
Can you provide the RSI signal for ISHARES NATIONAL MUNI BOND E?
ISHARES NATIONAL MUNI BOND E (MUB) has an RSI value of 52.8483. This indicates that the stock is currently neutral.
What is the MACD signal for MUB stock?
The MACD indicator for ISHARES NATIONAL MUNI BOND E (MUB) has a value of 0.0175612, indicating a bearish trend.
What is the buy/sell signal for MUB stock?
The buy/sell signal for ISHARES NATIONAL MUNI BOND E (MUB) is buy as both the short term and long term trends are positive.