Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Western Asset Managed Municipals Fund, Inc. (NYSE:MMU)
Strong Uptrend (+100) - MMU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MMU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MMU?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMU
The long-term trend has been UP since Dec 1st, 2023 at 9.89
The intermediate-term trend has been UP since Nov 3rd, 2023 at 9.17
The short-term trend has been UP since Nov 29th, 2023 at 9.66
Smart Scan Analysis for MMU
Based on our trend formula, MMU is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.21||Year High Date||2018-01-03|
|Year Low||11.5||Year Low Date||2018-10-31|
|52wk High||10.77||52wk High Date||2023-01-24|
|52wk Low||8.6||52wk Low Date||2023-10-25|
|Year End Close||14.37||Average Volume||184,931|
|Shares Outstanding||41,856||% Institutional||47.6|