Technical Analysis for MHF - Western Asset Municipal High Income Fund, Inc.

Grade Last Price % Change Price Change
A 6.80 0.19% 0.01
MHF closed up 0.07 percent on Friday, May 3, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
Three Weeks Tight Range Contraction 0.19%
Gapped Up Strength 0.19%
20 DMA Support Bullish 0.27%
Gapped Up Strength 0.27%
Gapped Up Strength 0.12%
NR7 Range Contraction 0.12%
Inside Day Range Contraction 0.12%
20 DMA Support Bullish 0.12%
Outside Day Range Expansion 0.12%
Gapped Up Strength 0.12%

   Recent Intraday Alerts

Alert Time
20 DMA Support 19 minutes ago
10 DMA Resistance about 1 hour ago
2x Volume Pace about 3 hours ago
1.5x Volume Pace about 3 hours ago
10 DMA Support about 4 hours ago

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Profile

Western Asset Municipal High Income Fund, Inc. Description

Legg Mason Partners Income Trust - Western Asset Municipal High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Legg Mason Partners Income Trust - Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.


Classification

Keywords: Exchange Traded Fund ETF Bond Mutual Fund Debt Securities Income Trust Legg Mason Legg Mason Partners Fund Western Asset Management Company Nationally Recognized Statistical Rating Organization Leisure Goods Index

Is MHF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.8854
52 Week Low 5.7822
Average Volume 59,252
200-Day Moving Average 6.31
50-Day Moving Average 6.69
20-Day Moving Average 6.78
10-Day Moving Average 6.79
Average True Range 0.07
RSI (14) 54.95
ADX 29.94
+DI 21.26
-DI 14.10
Chandelier Exit (Long, 3 ATRs) 6.67
Chandelier Exit (Short, 3 ATRs) 6.87
Upper Bollinger Bands 6.86
Lower Bollinger Band 6.70
Percent B (%b) 0.54
BandWidth 2.30
MACD Line 0.03
MACD Signal Line 0.04
MACD Histogram -0.008
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.86
Resistance 3 (R3) 6.87 6.85 6.85
Resistance 2 (R2) 6.85 6.83 6.85 6.84
Resistance 1 (R1) 6.82 6.82 6.81 6.81 6.84
Pivot Point 6.80 6.80 6.79 6.80 6.80
Support 1 (S1) 6.77 6.78 6.76 6.76 6.73
Support 2 (S2) 6.75 6.77 6.75 6.73
Support 3 (S3) 6.72 6.75 6.72
Support 4 (S4) 6.71