Blackrock Muniholdings Quality Fund II (MUE) Technical Analysis: Signals, Charts & Indicators

4.31 / 10

Netural

Technically, MUE is neutral with a score of 4.31/10. The recent indicator set includes a MACD Death Cross (bullish) and a Marubozu White candlestick (bullish), but these are offset by a MACD Golden Cross (bearish) and an RSI reading that is not overbought. Historical backtesting shows that the MACD Death Cross has produced a 0.25% average monthly return with a 66.7% win rate, while the Marubozu White pattern has yielded a 0.34% average monthly return with a 58.3% win rate. Conversely, the MACD Golden Cross has led to a negative 0.21% average monthly return, indicating limited predictive power. The mixed signals suggest that near-term price action may remain range-bound with elevated volatility.

Analysis Checks(2/4)

RSI Overbought

Score3.02/10

Win Rate45.45%

Hist. Signals11

Avg Return0.13%

MACD Death Cross

Score7.02/10

Win Rate66.67%

Hist. Signals12

Avg Return0.25%

MACD Golden Cross

Score1/10

Win Rate33.33%

Hist. Signals12

Avg Return-0.21%

Marubozu White

Score6.22/10

Win Rate58.33%

Hist. Signals24

Avg Return0.34%

Technical Analysis of MUE?

MUE presents a Netural setup with a Technical Score of 4.31/10. Key technical indicators highlight an RSI of 48.76 and a MACD of -0.00, with the trend anchored by the 50-Day SMA at 10.04. Traders should monitor key support at 10.09 and resistance at 10.20.