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Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Western Asset Municipal High Income Fund, Inc. (NYSE:MHF)
Long-Term Downtrend (-90) - MHF is in a strong downtrend that is likely to continue. While MHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MHF
The long-term trend has been DOWN since Aug 21st, 2023 at 6.27
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 6.38
The short-term trend has been DOWN since Sep 21st, 2023 at 6.20
Smart Scan Analysis for MHF
Based on our trend formula, MHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.0900 | 6.1071 | 6.0900 | 6.1071 | +0.0171 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.0900 | 2064 | 2023-10-02 09:31:46 |
| Year High | 7.47 | Year High Date | 2018-01-05 |
| Year Low | 6.86 | Year Low Date | 2018-10-29 |
| 52wk High | 6.96 | 52wk High Date | 2022-11-29 |
| 52wk Low | 6.03 | 52wk Low Date | 2023-09-28 |
| Year End Close | 7.92 | Average Volume | 40,906 |
| Shares Outstanding | 20,883 | % Institutional | 64.2 |
| Market Cap | 165M | Assets | 148,900,640M |
| Liabilities | 1,475,255M | P/E Ratio | 23.4231 |
| Beta | 0.83 | Volatility | 10.56 |