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DAILY CHART

MMU daily chart – Western Asset Managed Municipals Closed Fund sideways range & retest on the daily timeframe

NYSE

You are looking at the daily chart. Each candle is one trading day, and every date on this page is a single trading day. NasdaqScan has no weekly-chart signal for this stock.

On the daily chart, MMU has been moving sideways between $9.85 and $10.45 since 28 Mar 2024.

The pattern: price breaks out below a sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. On this page NasdaqScan flags the daily candle (the trading day) that makes the retest.

DAILYDaily chart: each candle is one trading day.

Daily chart. The purple band is the sideways range of the latest signal; green triangles mark the trading days NasdaqScan detected a retest.

Sideways ranges on the daily chart

RangeStartedEndedHow it endedRetest signals (trading day)
28 Mar 2024Open——
1 Jun 20222 Oct 2023 (488 days)Broke below the range at $8.9020 Oct 2022 (BO accepted)

Retest signals on the daily chart

  • 20 Oct 2022 (daily candle): retest of the low after a breakout below a sideways range, 141 days after the range began (BO accepted)

Other stocks with a recent daily-chart retest

All daily-chart retest signals →
All NYSE stocks with weekly retest patterns →

Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.