BLACKROCK MUNIHOLD CA QLTY (MUC) Stock Technical Analysis
NYSE:MUC - New York Stock Exchange, Inc. - US09254L1070 - Currency: USD
Overall MUC gets a technical rating of 0 out of 10. MUC'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MUC is a bad performer in the overall market: 81% of all stocks are doing better.
MUC 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 MUC has a been trading in a tight range between 10.19 and 10.42.
Although the technical rating is bad, MUC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MUC 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
9.98
11.73
When analyzing the support we notice one important area.
- A support zone ranging from 10.08 to 10.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.32 to 10.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.02 from a horizontal line in the daily time frame.
- Resistance @11.36 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.57 to 11.61. 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 | DOWN | NEGATIVE | The long term trend for MUC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MUC is neutral. |
| ChartMill Relative Strength | 19.6 | NEGATIVE | MUC has a low relative strength, it was outperformed by 80.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MUC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MUC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MUC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.52 | NEUTRAL | The RSI value for MUC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MUC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.17 | NEUTRAL | The Stochastics value for MUC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for MUC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for MUC 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)
10.32
-0.03 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week-0.77%
2 Weeks-0.29%
1 Month-0.29%
3 Month0.68%
6 Month-2.92%
12 Month-9.15%
2 Year-4.88%
3 Year-17.96%
5 Year-29.65%
10 Year-27.73%
15 Year-26.44%
Volatility
ATR(14)0.08
ATR(20)%0.84%
ATR Inc-14.63%
Range Today0.05
ADR(20)0.08
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.6
Mansfield-1.24
10 Day High10.42
10 Day Low10.25
20 Day High10.42
20 Day Low10.19
52 Week High11.64
52 Week Low9.97
CS1 End10.25
CR1 Start10.32
Volume & EV
DER(3)6.48%
DER(5)5.32%
Volume252.90K
Volume Incr-13.46%
Vol(5)222.86K
Vol(50)213.77K