Is BlackRock MuniAssets Fund Inc (MUA) Stock About to Get Hot Monday?

The market has been down on BlackRock MuniAssets Fund Inc (MUA) stock recently. MUA gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

BlackRock MuniAssets Fund Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MUA!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MUA Stock Today?

BlackRock MuniAssets Fund Inc (MUA) stock is trading at $11.05 as of 11:32 AM on Monday, Apr 1, a decline of -$0.03, or -0.25% from the previous closing price of $11.08. Volume today is less active than usual. So far 41,450 shares have traded compared to average volume of 75,805 shares. The stock has traded between $11.03 and $11.17 so far today. To screen for more stocks like BlackRock MuniAssets Fund Inc click here.

More About BlackRock MuniAssets Fund Inc

To provide current income exempt from federal income tax by investing primarily in a portfolio of medium to lowergrade or unrated municipal bonds the interest on which is exempt from federal income tax. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations, the interest on which, in the opinion of bond counsel to the issuer, is exempt from U.S. federal income taxes. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from U.S. federal income taxes (except that the interest may be subject to the federal alternative minimum tax). The Fund invests at least 65% of its assets in municipal bonds that are rated in the medium to lower rating categories by nationally recognized rating services (for example, Baa or lower by Moodys Investors Service, Inc. (Moodys) or BBB or lower by S&P Global Ratings, or securities that are unrated but are deemed by the investment adviser to be of comparable quality at the time of investment. The Fund may invest directly in such securities or synthetically through the use of derivatives. Click Here to get the full Stock Report for BlackRock MuniAssets Fund Inc stock.