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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.

NYSE_MHF
Open High Low MHF Price Change
6.0900 6.1071 6.0900 6.1071 +0.0171
Entry Signal

MarketClub’s Trade Triangles for MHF

long term down The long-term trend has been DOWN since Aug 21st, 2023 at 6.27

intermediate term down The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 6.38

short term down 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).

-90
Smart Scan Analysis for MHF
Strong Downtrend Sideways 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 High7.47Year High Date2018-01-05
Year Low6.86Year Low Date2018-10-29
52wk High6.9652wk High Date2022-11-29
52wk Low6.0352wk Low Date2023-09-28
Year End Close7.92Average Volume40,906
Shares Outstanding20,883% Institutional64.2
Market Cap165MAssets148,900,640M
Liabilities1,475,255MP/E Ratio23.4231
Beta0.83Volatility10.56
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