BLACKROCK MUNICIPAL INCOME (MUI)

US09253X1028

11.58  -0.07 (-0.6%)

Technical Rating and Analysis

2

Overall MUI gets a technical rating of 2 out of 10. MUI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

MUI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MUI is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, MUI outperforms 46% of them, which is more or less in line with the market.
In the last month MUI has a been trading in a tight range between 11.50 and 12.06.
Weekly and Daily overview Charts
MUI Weekly chart
MUI Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, MUI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.57, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.43

12.20

We found 1 important support area.

  • A support zone ranging from 11.55 to 11.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 11.62 to 11.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.03 to 12.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.74
Mansfield-0.66
10 Day High11.74
10 Day Low11.5
20 Day High12.06
20 Day Low11.5
52 Week High12.09
52 Week Low9.73
Performance
1 Week-0.26%
2 Weeks-0.86%
1 Month-2.53%
3 Month1.14%
6 Month18.28%
12 Month0.78%
2 Year-5.55%
3 Year-23.26%
5 Year-16.39%
10 Year-20.41%
15 Year-1.61%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)38.54
LBB11.5
UBB11.83
MUI Daily chart

BLACKROCK MUNICIPAL INCOME

NYSE:MUI (4/24/2024, 7:18:16 PM)

11.58

-0.07 (-0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week-0.26%
2 Weeks-0.86%
1 Month-2.53%
3 Month1.14%
6 Month18.28%
12 Month0.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%0.96%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.74
10 Day Low11.5
20 Day High12.06
20 Day Low11.5
52 Week High12.09
52 Week Low9.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume126.10K
Volume Incr-12.68%
Vol(5)118.12K
Vol(50)155.79K