Technical Analysis for MTT - Western Asset Municipal Defined Opportunity Trust Inc

Grade Last Price % Change Price Change
grade B 20.33 0.44% 0.09
MTT closed up 0.44 percent on Tuesday, January 15, 2019, on 36 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Jan 15 180 Bullish Setup Bullish Swing Setup 0.00%
Jan 15 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Jan 15 Narrow Range Bar Range Contraction 0.00%
Jan 15 NR7 Range Contraction 0.00%
Jan 15 Inside Day Range Contraction 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 14 Overbought Stochastic Strength 0.44%
Jan 11 NR7 Range Contraction 0.30%
Jan 11 Upper Bollinger Band Walk Strength 0.30%
Jan 11 Inside Day Range Contraction 0.30%

Older signals for MTT ...

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Profile
Western Asset Municipal Defined Opportunity Trust Inc. is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors. It primarily invests its assets in a portfolio of municipal securities. The fund uses value oriented strategy to make its investments. It employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund conducts in-house research to make its investments. Western Asset Municipal Defined Opportunity Trust Inc. was formed on January 15, 2009 and is domiciled in the United States.
Is MTT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 22.5
52 Week Low 19.37
Average Volume 48,226
200-Day Moving Average 20.759
50-Day Moving Average 19.9112
20-Day Moving Average 19.8295
10-Day Moving Average 20.129
Average True Range 0.1725
ADX 23.36
+DI 27.5446
-DI 11.2681
Chandelier Exit (Long, 3 ATRs ) 19.9025
Chandelier Exit (Short, 3 ATRs ) 19.8875
Upper Bollinger Band 20.4904
Lower Bollinger Band 19.1686
Percent B (%b) 0.88
BandWidth 6.665826
MACD Line 0.1303
MACD Signal Line 0.0521
MACD Histogram 0.0782
Fundamentals Value
Market Cap 246.81 Million
Num Shares 12.1 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.44
Resistance 3 (R3) 20.42 20.38 20.42
Resistance 2 (R2) 20.38 20.35 20.38 20.41
Resistance 1 (R1) 20.35 20.33 20.37 20.37 20.41
Pivot Point 20.31 20.31 20.31 20.31 20.31
Support 1 (S1) 20.28 20.28 20.30 20.30 20.25
Support 2 (S2) 20.24 20.26 20.24 20.25
Support 3 (S3) 20.21 20.24 20.24
Support 4 (S4) 20.23