Logo image of MHI

PIONEER MUNI HIGH INC TR (MHI) Stock Technical Analysis

NYSE:MHI - New York Stock Exchange, Inc. - US7237631087 - Currency: USD

9.45  0 (0%)

After market: 9.45 0 (0%)

Technical Rating and Analysis

6

Overall MHI gets a technical rating of 6 out of 10. MHI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long and short term trends are both positive. This is looking good!
MHI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MHI is lagging the market slightly.
When comparing the performance of all stocks over the past year, MHI turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month MHI has a been trading in a tight range between 9.23 and 9.49.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PIONEER MUNI HIGH INC TR / MHI Weekly stock chart
PIONEER MUNI HIGH INC TR / MHI Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MHI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.45, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.89

9.80

2 important support areas can be observed.

  • A support zone ranging from 9.18 to 9.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @8.98 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 9.46 to 9.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.89
Mansfield-0.53
10 Day High9.49
10 Day Low9.31
20 Day High9.49
20 Day Low9.23
52 Week High9.74
52 Week Low8.45
Performance
1 Week0.53%
2 Weeks0.43%
1 Month0.85%
3 Month0.21%
6 Month0.53%
12 Month7.63%
2 Year9.25%
3 Year-14.32%
5 Year-21.51%
10 Year-34.78%
15 Year-31.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.11
LBB9.33
UBB9.49
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
9.509.300.20 (2.11%)25.00%
An entry @9.50. This is a Buy Stop order right above the 10 day high.An exit @9.30. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.20 points, which is 2.11%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PIONEER MUNI HIGH INC TR / MHI Daily stock chart

PIONEER MUNI HIGH INC TR

NYSE:MHI (2/4/2025, 8:04:00 PM)

After market: 9.45 0 (0%)

9.45

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.53%
2 Weeks0.43%
1 Month0.85%
3 Month0.21%
6 Month0.53%
12 Month7.63%
2 Year9.25%
3 Year-14.32%
5 Year-21.51%
10 Year-34.78%
15 Year-31.77%
Volatility
ATR(14)0.08
ATR(20)%1.01%
ATR Inc-30.05%
Range Today0.06
ADR(20)0.08
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.89
Mansfield-0.53
10 Day High9.49
10 Day Low9.31
20 Day High9.49
20 Day Low9.23
52 Week High9.74
52 Week Low8.45
CS1 End9.45
CR1 Start9.46
Volume & EV
DER(3)0.2%
DER(5)-1.12%
Volume22.50K
Volume Incr-34.11%
Vol(5)24.90K
Vol(50)50.08K