MHF
Western Asset Municipal High Income Fund·NYSE
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1.71 / 10
Underperform
Technically, MHF scores only 1.71/10, with three bearish indicators identified: Marubozu White, MACD Death Cross, and Inverted Hammer. Historical back-tests reveal low average returns (0.20% for Marubozu White, -0.35% for MACD Death Cross) and limited predictive power. The dominance of bearish signals (3 vs. 0 bullish) underscores a weak market trend and highlights the need for vigilance against potential price declines.
Analysis Checks(0/3)
MACD Death Cross
Score1.03/10
Win Rate33.33%
Hist. Signals9
Avg Return-0.35%
Score1.03/10
Win Rate33.33%
Hist. Signals9
Avg Return-0.35%
Marubozu White
Score2.69/10
Win Rate45.45%
Hist. Signals22
Avg Return0.20%
Score2.69/10
Win Rate45.45%
Hist. Signals22
Avg Return0.20%
Inverted Hammer
Score1.4/10
Win Rate33.33%
Hist. Signals3
Avg Return0.00%
Score1.4/10
Win Rate33.33%
Hist. Signals3
Avg Return0.00%
MACD Death Cross
Score1.03/10
Win Rate33.33%
Hist. Signals9
Avg Return-0.35%
Score1.03/10
Win Rate33.33%
Hist. Signals9
Avg Return-0.35%
Inverted Hammer
Score1.4/10
Win Rate33.33%
Hist. Signals3
Avg Return0.00%
Score1.4/10
Win Rate33.33%
Hist. Signals3
Avg Return0.00%
Marubozu White
Score2.69/10
Win Rate45.45%
Hist. Signals22
Avg Return0.20%
Score2.69/10
Win Rate45.45%
Hist. Signals22
Avg Return0.20%
What is the current technical signals for MHF?
- MHF presents a Underperform setup with a Technical Score of 1.71/10. Key technical indicators highlight an RSI of 61.79 and a MACD of 0.03, with the trend anchored by the 50-Day SMA at 6.92. Traders should monitor key support at 6.95 and resistance at 7.02.
