BLACKROCK MUNIHOLD NJ QLTY (MUJ) Stock Technical Analysis
USA - NYSE:MUJ - US09254X1019
Taking everything into account, MUJ scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MUJ is only an average performer.
Although MUJ has an excellent technical rating, the quality of the presented setup is not ideal 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
10.56
3 important support areas can be observed.
- A support zone ranging from 11.22 to 11.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.01 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.67 to 10.78. 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 11.92 to 11.92. 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 | UP | POSITIVE | The long term trend for MUJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUJ is up. |
| ChartMill Relative Strength | 57.57 | NEUTRAL | MUJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.48 | OVERBOUGHT | The high RSI value suggests MUJ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MUJ has a positive trend. |
| Stochastics (14,3) | 74.28 | NEUTRAL | The Stochastics value for MUJ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for MUJ suggests low volalility. |
| Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for MUJ suggests a strong trend. |
11.91
+0.14 (+1.19%)
BLACKROCK MUNIHOLD NJ QLTY / MUJ FAQ
What is the ChartMill technical rating of BLACKROCK MUNIHOLD NJ QLTY (MUJ) stock?
ChartMill assigns a technical rating of 8 / 10 to MUJ.
What is the trend direction for MUJ stock?
The current trend direction for BLACKROCK MUNIHOLD NJ QLTY (MUJ) is Bullish.
Can you provide the RSI signal for BLACKROCK MUNIHOLD NJ QLTY?
BLACKROCK MUNIHOLD NJ QLTY (MUJ) has an RSI value of 72.4788. This indicates that the stock is currently overbought.
What is the MACD signal for MUJ stock?
The MACD indicator for BLACKROCK MUNIHOLD NJ QLTY (MUJ) has a value of 0.0104437, indicating a bearish trend.
What is the buy/sell signal for MUJ stock?
The buy/sell signal for BLACKROCK MUNIHOLD NJ QLTY (MUJ) is buy as both the short term and long term trends are positive.