Blackrock MuniHoldings Fund II Technical Analysis (NYSE:MUH)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Blackrock MuniHoldings Fund II Price data and volume are plotted in MUH Charts and these trading charts form the basis of technical analysis.
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 MuniHoldings Fund II. The technical analysis form of Blackrock MuniHoldings Fund II 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 Fund II Moving Average
Moving averages show the MUH Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.76 is below the price of $13.79.
Blackrock MuniHoldings Fund II Bollinger Bands
Bollinger bands comprise of a center line usually MUH SMA, and two MUH 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. Currently the Price of $13.79 is in the upper range of Blackrock MuniHoldings Fund II bollinger bands.
Blackrock MuniHoldings Fund II 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 Fund II MACD line is below the signal line.
Blackrock MuniHoldings Fund II 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. 44 is the RSI value of MUH stock.