Technical Analysis for MMU - Western Asset Managed Municipals Fund, Inc.

Grade Last Price % Change Price Change
grade C 12.68 0.16% 0.02
MMU closed up 0.16 percent on Friday, August 7, 2020, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Up Up
Historical MMU trend table...

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Walk Strength 0.16%
Overbought Stochastic Strength 0.16%
Shooting Star Candlestick Bearish 0.32%
Lizard Bearish Bearish Day Trade Setup 0.32%
Upper Bollinger Band Walk Strength 0.32%
Overbought Stochastic Strength 0.32%
Upper Bollinger Band Touch Strength 0.32%
Upper Bollinger Band Walk Strength 0.16%
Above Upper BB Strength 0.16%

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Profile

Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.
Exchange Traded Fund ETF Bond Institutional Investors Mutual Fund Legg Mason Partners Fund Western Asset Management Company

Is MMU 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 15.05
52 Week Low 8.97
Average Volume 68,676
200-Day Moving Average 12.71
50-Day Moving Average 12.24
20-Day Moving Average 12.46
10-Day Moving Average 12.58
Average True Range 0.08
ADX 38.69
+DI 32.23
-DI 10.44
Chandelier Exit (Long, 3 ATRs ) 12.47
Chandelier Exit (Short, 3 ATRs ) 12.44
Upper Bollinger Band 12.75
Lower Bollinger Band 12.17
Percent B (%b) 0.88
BandWidth 4.61
MACD Line 0.14
MACD Signal Line 0.13
MACD Histogram 0.01
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.79
Resistance 3 (R3) 12.78 12.74 12.77
Resistance 2 (R2) 12.74 12.71 12.74 12.76
Resistance 1 (R1) 12.71 12.70 12.73 12.72 12.76
Pivot Point 12.67 12.67 12.68 12.67 12.67
Support 1 (S1) 12.64 12.64 12.66 12.65 12.60
Support 2 (S2) 12.60 12.63 12.60 12.60
Support 3 (S3) 12.57 12.60 12.59
Support 4 (S4) 12.58