Stock Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Western Asset Muni Defined Opportunity, Inc (NYSE:MTT)
Weak Downtrend (-65) - MTT is showing signs of a strengthening downtrend. Monitor MTT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTT
The long-term trend has been UP since Jul 2nd, 2020 at 19.87
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 21.29
The short-term trend has been DOWN since Feb 18th, 2021 at 21.45
Smart Scan Analysis for MTT
Based on our trend formula, MTT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.5||Year High Date||2018-02-07|
|Year Low||19.72||Year Low Date||2018-11-21|
|52wk High||21.65||52wk High Date||2020-03-05|
|52wk Low||16||52wk Low Date||2020-03-19|
|Year End Close||23.06||Average Volume||35,688|
|Shares Outstanding||12,053||Market Cap||259M|