SBI Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Western Asset Intermediate Muni Fund Inc (SBI) Moving Averages Convergence Divergence (MACD) indicator is -0.11, suggesting SBI is Sell.

Western Asset Intermediate Muni Fund Inc (SBI) 20-Day simple moving average is 7.98, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it Sell.

Western Asset Intermediate Muni Fund Inc (SBI) 60-Day simple moving average is 8.03, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it Sell.

Technical Analysis for SBI

Technical Sentiment Analysis for Western Asset Intermediate Muni Fund Inc (SBI) As of 2024-12-27, Western Asset Intermediate Muni Fund Inc (SBI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 19 technical signals, shows that 8 indicators are flashing buy, while 11 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SBI stands at 27.81, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.11, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.37 and the Commodity Channel Index (CCI) at -102.82 further confirm a -0.41 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SBI is trading above its 60-day moving average of $8.03 and above its 200-day long-term moving average of $7.8. Key price levels to watch include the immediate resistance at $8.07 and strong support at $7.56. A break above $8.07 could signal a bull continuation, while falling below $7.56 may test the next Fibonacci floor at $7.34.

Western Asset Intermediate Muni Fund Inc (SBI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	7.05	7.34	7.56	7.85	8.07	8.36	8.58
Fibonacci	7.34	7.54	7.66	7.85	8.05	8.17	8.36

Western Asset Intermediate Muni Fund Inc (SBI) Technical Indicators

2024-12-27

Name	Value
RSI_14	27.81
STOCHk_14_3_3	11.37
STOCHd_14_3_3	9.1
CCI_20	-102.82
AO_5_34	-0.31
MOM_10	-0.41
MACD_12_26_9	-0.11

Western Asset Intermediate Muni Fund Inc (SBI) Relative Strength Index (RSI) is 27.81, creating a Buy signal.

Western Asset Intermediate Muni Fund Inc (SBI) Stochastic Oscillator is 11.37, creating a Buy signal.

Western Asset Intermediate Muni Fund Inc (SBI) Stochastic RSI is 9.1, creating a Buy signal.

Western Asset Intermediate Muni Fund Inc (SBI) Commodity Channel Index (CCI) is -102.82, creating a Buy signal.

Western Asset Intermediate Muni Fund Inc (SBI) Awesome Oscillator is -0.31, creating a Sell signal.

Western Asset Intermediate Muni Fund Inc (SBI) Momentum is -0.41, creating a Sell signal.

Western Asset Intermediate Muni Fund Inc (SBI) MACD is -0.11, creating a Sell signal.

Western Asset Intermediate Muni Fund Inc (SBI) Moving Average

2024-12-27

Period	Simple	Signal
MA_5	7.71	Buy
MA_10	7.79	Sell
MA_20	7.98	Sell
MA_60	8.03	Sell
MA_200	7.8	Sell
MA_250	7.72	Buy

Western Asset Intermediate Muni Fund Inc (SBI) 5-Day simple moving average is 7.71, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it a Buy.

Western Asset Intermediate Muni Fund Inc (SBI) 10-Day simple moving average is 7.79, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it a Sell.

Western Asset Intermediate Muni Fund Inc (SBI) 20-Day simple moving average is 7.98, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it a Sell.

Western Asset Intermediate Muni Fund Inc (SBI) 60-Day simple moving average is 8.03, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it a Sell.

Western Asset Intermediate Muni Fund Inc (SBI) 200-Day simple moving average is 7.8, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it a Sell.

Western Asset Intermediate Muni Fund Inc (SBI) 250-Day simple moving average is 7.72, while Western Asset Intermediate Muni Fund Inc (SBI) share price is $7.74, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for SBI?

The overall technical consensus for Western Asset Intermediate Muni Fund Inc (SBI) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 buy signals and 7 sell signals.

What are the key support and resistance levels for Western Asset Intermediate Muni Fund Inc (SBI) today?

Based on pivot point calculations, Western Asset Intermediate Muni Fund Inc (SBI) has an immediate support level at 7.56 and a major resistance level at 8.07. Traders also monitor the pivot point at 7.85 to determine the intraday trend direction.

Is Western Asset Intermediate Muni Fund Inc (SBI) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Western Asset Intermediate Muni Fund Inc (SBI) is currently 27.81. This indicates that the stock is in oversold territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Western Asset Intermediate Muni Fund Inc (SBI)?

Western Asset Intermediate Muni Fund Inc (SBI) Moving Averages Convergence Divergence (MACD) indicator is -0.11, suggesting SBI is Sell. This indicator helps identify potential trend reversals or momentum shifts for Western Asset Intermediate Muni Fund Inc.

How is Western Asset Intermediate Muni Fund Inc (SBI) performing relative to its 200-day moving average?

Western Asset Intermediate Muni Fund Inc (SBI) is currently trading at $7.74, which is below its 200-day simple moving average of 7.8. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.