Blackrock MuniAssets Fund Technical Analysis (NYSE:MUA)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Blackrock MuniAssets Fund Price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the MUA Chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Blackrock MuniAssets Fund. Technical analysis uses an approach for Blackrock MuniAssets Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Blackrock MuniAssets Fund Moving Average
Moving averages show the average price of MUA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $13.32 is above the last closing price of $13.31 and the 50 day moving average of $13.24 is below the last closing price of $13.31. The 10 and 20 day periods can predict short term moving average trends.
Blackrock MuniAssets Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Blackrock MuniAssets Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Blackrock MuniAssets Fund bollinger bands show that the Price is $13.31, upper band is 13.42, lower band is 13.22, and the average is 13.32.
Blackrock MuniAssets Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Blackrock MuniAssets Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Blackrock MuniAssets Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 53.16 is the RSI value of MUA stock.