BLACKROCK MUNIHOLD CA QLTY (MUC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MUC - US09254L1070
Overall MUC gets a technical rating of 7 out of 10. Although MUC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- MUC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MUC is lagging the market slightly.
- When compared to the yearly performance of all other stocks, MUC outperforms 44% of them, which is more or less in line with the market.
- In the last month MUC has a been trading in a tight range between 10.54 and 10.99.
MUC has an excellent technical rating, but the quality of the setup is only medium 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.
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9.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.61 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.01 to 10.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.00 to 11.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.36 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 | UP | POSITIVE | The long term trend for MUC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUC is up. |
| ChartMill Relative Strength | 44.39 | NEUTRAL | MUC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.05 | NEUTRAL | The RSI value for MUC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MUC has a positive trend. |
| Stochastics (14,3) | 80.93 | OVERBOUGHT | The high Stochastics value suggests MUC may be overbought. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for MUC suggests low volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for MUC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.14 | 10.71 | 0.43 (3.86%) | 25.00% |
| An entry @11.14. This is a Buy Stop order right above the resistance zone. | An exit @10.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.43 points, which is 3.86%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.99
+0.12 (+1.1%)
BLACKROCK MUNIHOLD CA QLTY / MUC FAQ
Can you provide the ChartMill technical rating for BLACKROCK MUNIHOLD CA QLTY?
ChartMill assigns a technical rating of 7 / 10 to MUC.
Can you provide the trend direction for BLACKROCK MUNIHOLD CA QLTY?
The current trend direction for BLACKROCK MUNIHOLD CA QLTY (MUC) is Bullish.
What is the RSI signal for MUC stock?
BLACKROCK MUNIHOLD CA QLTY (MUC) has an RSI value of 67.0544. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACKROCK MUNIHOLD CA QLTY?
The short term momentum for BLACKROCK MUNIHOLD CA QLTY (MUC) is positive.
What is the buy/sell signal for BLACKROCK MUNIHOLD CA QLTY (MUC) stock?
The buy/sell signal for BLACKROCK MUNIHOLD CA QLTY (MUC) is buy as both the short term and long term trends are positive.