MHN Blackrock Muniholdings NEW York Quality Fund Forecast, Technical & Fundamental Analysis
MHN in upward trend: price rose above 50-day moving average on November 07, 2023
MHN moved above its 50-day moving average on November 07, 2023 date and that indicates a change from a downward trend to an upward trend. In of 25 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on MHN as a result. In of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for MHN crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MHN advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 258 cases where MHN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MHN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MHN broke above its upper Bollinger Band on November 08, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| NBGTX | 24.97 | 0.07 | +0.28% |
| Neuberger Berman Large Cap Growth Tr | |||
| PJIQX | 13.20 | 0.03 | +0.23% |
| PGIM Jennison Global Equity Income R6 | |||
| FIEZX | 10.36 | 0.02 | +0.23% |
| Fidelity Advisor® Total Intl Equity Z | |||
| HDGTX | 32.79 | 0.07 | +0.21% |
| Hartford Dividend and Growth R5 | |||
| AISHX | 8.50 | N/A | N/A |
| Aristotle Small/Mid Cap Equity C | |||
MHN and
Correlation & Price change
A.I.dvisor indicates that over the last year, MHN has been closely correlated with MYN. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if MHN jumps, then MYN could also see price increases.