Blackrock MuniHoldings Technical Analysis (NYSE:MFL)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Blackrock MuniHoldings Price data and volume are plotted in MFL Charts and these trading charts form the basis of technical analysis.
See Blackrock MuniHoldings bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Blackrock MuniHoldings Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Blackrock MuniHoldings Moving Average
Moving averages help predict the price direction of MFL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Blackrock MuniHoldings are mostly signals of long term trends and will help long term traders.
Blackrock MuniHoldings Bollinger Bands
Bollinger bands comprise of a center line usually MFL SMA, and two MFL Price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as Price moves closer towards the lower band. Blackrock MuniHoldings bollinger bands show that the Price is $12.79, upper band is 13.12, lower band is 12.76, and the average is 12.94.
Blackrock MuniHoldings Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The Blackrock MuniHoldings MACD line is above the signal line.
Blackrock MuniHoldings Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . 34.68 is the RSI value of MFL stock.