Technical Analysis for MEN - Blackrock MuniEnhanced Fund, Inc

Grade Last Price % Change Price Change
grade D 11.12 -0.45% -0.05
MEN closed down 0.45 percent on Thursday, October 17, 2019, on 2.56 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Down
See historical MEN trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Below Lower BB Weakness -0.45%
Down 3 Days in a Row Weakness -0.45%

Older signals for MEN ...

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Profile
BlackRock MuniEnhanced Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock Investment Management LLC. The fund invests in fixed income markets. It invests primarily in long-term, investment grade municipal obligations. BlackRock MuniEnhanced Fund, Inc. was formed in 1988 and is domiciled in United States.
Blackrock Economy Of New York City Black Rock Draft:Bennett Golub
Is MEN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 11.55
52 Week Low 9.63
Average Volume 43,925
200-Day Moving Average 10.9186
50-Day Moving Average 11.3771
20-Day Moving Average 11.3395
10-Day Moving Average 11.316
Average True Range 0.1121
ADX 16.17
+DI 18.8081
-DI 30.7971
Chandelier Exit (Long, 3 ATRs ) 11.2137
Chandelier Exit (Short, 3 ATRs ) 11.3263
Upper Bollinger Band 11.5135
Lower Bollinger Band 11.1655
Percent B (%b) -0.13
BandWidth 3.068918
MACD Line -0.0375
MACD Signal Line -0.0092
MACD Histogram -0.0284
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.39
Resistance 3 (R3) 11.38 11.27 11.35
Resistance 2 (R2) 11.27 11.20 11.28 11.33
Resistance 1 (R1) 11.20 11.16 11.15 11.21 11.31
Pivot Point 11.09 11.09 11.07 11.10 11.09
Support 1 (S1) 11.02 11.02 10.97 11.03 10.93
Support 2 (S2) 10.91 10.98 10.92 10.91
Support 3 (S3) 10.84 10.91 10.90
Support 4 (S4) 10.85