RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MAV
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Stronger technical forecast for Pioneer Municipal High Income Advantage stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Pioneer Municipal High Income Advantage stock price gained 0.617% on the last trading day (Thursday, 28th Mar 2024), rising from $8.10 to $8.15. During the last trading day the stock fluctuated 0.99% from a day low at $8.07 to a day high of $8.15. The price has risen in 5 of the last 10 days and is up by 0.99% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 45 thousand more shares were traded than the day before. In total, 74 thousand shares were bought and sold for approximately $600.70 thousand.

The stockis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $8.20 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Pioneer Municipal High Income Advantage stock with a 90% probability to be traded between $8.05 and $8.35 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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MAV Signals & Forecast

The Pioneer Municipal High Income Advantage stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $8.12 and $8.11. A breakdown below any of these levels will issue sell signals. Pioneer Municipal High Income Advantage has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -0.245%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Pioneer Municipal High Income Advantage stock

Pioneer Municipal High Income Advantage finds support from accumulated volume at $8.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0800 between high and low, or 0.99%. For the last week the stock has had daily average volatility of 0.84%.

Our recommended stop-loss: $7.82 (-4.09%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (MAV) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Pioneer Municipal High Income Advantage Trust to open at $8.12, and during the day (based on 14 day Average True Range), to move between $8.08 and $8.22, which gives a possible trading interval of +/-$0.0693 (+/-0.85%) up or down from last closing price. If Pioneer Municipal High Income Advantage Trust takes out the full calculated possible swing range there will be an estimated 1.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $8.16 (0.12%) than the support at $8.10 (0.61%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Pioneer Municipal High Income Advantage Trust stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Pioneer Municipal High Income Advantage stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.884 Buy Candidate Upgraded

Predicted Opening Price for Pioneer Municipal High Income Advantage Trust of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$8.12 ( 0.327%) $8.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MAV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.20 0.654 %
R2 8.17 0.279 %
R1 8.15 0.0478 %
Current price: 8.15
Support S1 8.09 -0.702 %
S2 8.07 -0.93 %
S3 8.04 -1.31 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 8.17 0.245 %
R1 8.16 0.123 %
Current price 8.15
Support S1 8.10 -0.613%
S2 8.08 -0.86%
S3 8.02 -1.60%

MAV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 04, 2024 Mar 14, 2024 Apr 01, 2024 $0.0310 0.381%
2 Feb 06, 2024 Feb 15, 2024 Feb 29, 2024 $0.0275 0.338%
3 Jan 05, 2024 Jan 18, 2024 Jan 31, 2024 $0.0275 0.346%
4 Dec 01, 2023 Dec 11, 2023 Dec 19, 2023 $0.0275 0.347%
5 Nov 03, 2023 Nov 15, 2023 Nov 30, 2023 $0.0280 0.369%

FAQ

What is the symbol for Pioneer Municipal High Income Advantage Trust Stock and on which exchange is it traded?
The symbol for Pioneer Municipal High Income Advantage Trust is MAV and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Pioneer Municipal High Income Advantage Trust Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Pioneer Municipal High Income Advantage stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Pioneer Municipal High Income Advantage Trust Stock?
Pioneer Municipal High Income Advantage Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Pioneer Municipal High Income Advantage Trust Stock.

What's the current price of Pioneer Municipal High Income Advantage Trust Stock?
As of the end of day on the 2024-03-28, the price of an Pioneer Municipal High Income Advantage Trust (MAV) share was $8.15.

What is the 52-week high and low for Pioneer Municipal High Income Advantage Trust Stock?
The 52-week high for Pioneer Municipal High Income Advantage Trust Stock is $8.34 and the 52-week low is $6.37.

What is the market capitalization of Pioneer Municipal High Income Advantage Trust Stock?
As of the 2024-03-28, the market capitalization of Pioneer Municipal High Income Advantage Trust is 194.902M.
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About Pioneer Municipal High Income Advantage Trust

Pioneer Municipal High Income Advantage Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index. It was formerly known as Pi... MAV Profile

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