BLACKROCK MUNICIPAL INCOME (MUI) Stock Technical Analysis
USA - NYSE:MUI - US09253X1028
We assign a technical rating of 1 out of 10 to MUI. MUI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MUI has a poor technical rating and the quality of the setup is also 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.
More info and screens
11.65
2 important support areas can be observed.
- A support zone ranging from 12.03 to 12.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.77 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.10 to 12.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @12.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.76 to 12.78. 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 MUI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MUI is down. |
| ChartMill Relative Strength | 49.42 | NEUTRAL | MUI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MUI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MUI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MUI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.75 | NEUTRAL | The RSI value for MUI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MUI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.78 | NEUTRAL | The Stochastics value for MUI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for MUI suggests low volalility. |
| Average Directional Index/ADX (14) | 32.09 | POSITIVE | The high ADX value value for MUI suggests a strong trend. |
NYSE:MUI (2/14/2025, 8:04:00 PM)
12.09
+0.31 (+2.63%)
BLACKROCK MUNICIPAL INCOME / MUI FAQ
What is the technical rating for MUI stock?
ChartMill assigns a technical rating of 1 / 10 to MUI.
What is the current trend direction of BLACKROCK MUNICIPAL INCOME (MUI) stock?
The current trend direction for BLACKROCK MUNICIPAL INCOME (MUI) is Bearish.
What is the RSI signal for BLACKROCK MUNICIPAL INCOME (MUI) stock?
BLACKROCK MUNICIPAL INCOME (MUI) has an RSI value of 48.7541. This indicates that the stock is currently neutral.
What is the MACD signal for BLACKROCK MUNICIPAL INCOME (MUI) stock?
The MACD indicator for BLACKROCK MUNICIPAL INCOME (MUI) has a value of -0.0082819, indicating a bearish trend.
Can you provide the short term momentum for BLACKROCK MUNICIPAL INCOME?
The short term momentum for BLACKROCK MUNICIPAL INCOME (MUI) is negative.