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WESTERN ASSET MANAGED MUNICI (MMU) Stock Technical Analysis

NYSE:MMU - New York Stock Exchange, Inc. - US95766M1053 - Currency: USD

10.47  -0.03 (-0.29%)

Technical Rating and Analysis

5

Taking everything into account, MMU scores 5 out of 10 in our technical rating. MMU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, MMU outperforms 50% of them, which is more or less in line with the market.
MMU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MMU is lagging the market.
In the last month MMU has a been trading in a tight range between 10.25 and 10.57.
Weekly and Daily overview Charts
WESTERN ASSET MANAGED MUNICI / MMU Weekly stock chart
WESTERN ASSET MANAGED MUNICI / MMU Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MMU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.45, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.79

11.07

When analyzing the support we notice one important area.

  • A support zone ranging from 9.89 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 10.54 to 10.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 10.78 to 10.96. 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
CRS50.57
Mansfield-0.67
10 Day High10.56
10 Day Low10.25
20 Day High10.57
20 Day Low10.25
52 Week High11
52 Week Low9.85
Performance
1 Week1.16%
2 Weeks-0.29%
1 Month1.36%
3 Month0.29%
6 Month-1.6%
12 Month2.25%
2 Year2.85%
3 Year-14.67%
5 Year-21.57%
10 Year-25.16%
15 Year-16.9%
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
RSI(14)55.97
LBB10.33
UBB10.57
WESTERN ASSET MANAGED MUNICI / MMU Daily stock chart

WESTERN ASSET MANAGED MUNICI

NYSE:MMU (2/21/2025, 8:04:00 PM)

10.47

-0.03 (-0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week1.16%
2 Weeks-0.29%
1 Month1.36%
3 Month0.29%
6 Month-1.6%
12 Month2.25%
2 Year2.85%
3 Year-14.67%
5 Year-21.57%
10 Year-25.16%
15 Year-16.9%
Volatility
ATR(14)0.09
ATR(20)%0.82%
ATR Inc-11.07%
Range Today0.04
ADR(20)0.08
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.57
Mansfield-0.67
10 Day High10.56
10 Day Low10.25
20 Day High10.57
20 Day Low10.25
52 Week High11
52 Week Low9.85
CS1 End10.45
CR1 Start10.54
Volume & EV
DER(3)-7.64%
DER(5)-7.74%
Volume75.10K
Volume Incr-17.16%
Vol(5)127.22K
Vol(50)184.26K