Technical Analysis for MHE - BlackRock Massachusetts Tax-Exempt Trust

Grade Last Price % Change Price Change
grade C 13.095 -0.19% -0.03
MHE closed down 0.19 percent on Wednesday, July 8, 2020, on 45 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up
Historical MHE trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 200 DMA Bullish -0.19%
Crossed Above 20 DMA Bullish -0.19%
MACD Bullish Centerline Cross Bullish -0.19%
MACD Bullish Signal Line Cross Bullish -0.19%
Volume Surge Other -0.19%
Wide Range Bar Range Expansion -0.19%

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Profile

BlackRock Massachusetts Tax-Exempt Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Investment Management LLC. It invests in fixed income markets of the United States. The fund primarily invests in long term municipal obligations with maturities of more than ten years. It invests in tax-exempt obligations (including bonds, notes and capital lease obligations) issued on behalf of Massachusetts not-for-profit health and education institutions. The fund was formerly known as The Massachusetts Health & Education Tax-Exempt Trust. BlackRock Massachusetts Tax-Exempt Trust was formed on July 23, 1993 and is domiciled in the United States.
Exchange Traded Fund ETF Bond Blackrock

Is MHE 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 15.66
52 Week Low 11.3401
Average Volume 3,762
200-Day Moving Average 13.10
50-Day Moving Average 12.67
20-Day Moving Average 12.85
10-Day Moving Average 12.77
Average True Range 0.19
ADX 16.11
+DI 41.44
-DI 28.80
Chandelier Exit (Long, 3 ATRs ) 12.59
Chandelier Exit (Short, 3 ATRs ) 12.99
Upper Bollinger Band 13.28
Lower Bollinger Band 12.43
Percent B (%b) 0.78
BandWidth 6.64
MACD Line 0.03
MACD Signal Line 0.01
MACD Histogram 0.0194
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.21
Resistance 3 (R3) 13.20 13.15 13.19
Resistance 2 (R2) 13.15 13.12 13.15 13.18
Resistance 1 (R1) 13.12 13.10 13.13 13.13 13.18
Pivot Point 13.07 13.07 13.08 13.08 13.07
Support 1 (S1) 13.05 13.04 13.06 13.06 13.01
Support 2 (S2) 13.00 13.02 13.00 13.01
Support 3 (S3) 12.97 13.00 13.00
Support 4 (S4) 12.98