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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Fidelity New York Municipal Income Fund (NASDAQ:FTFMX)
Long-Term Downtrend (-90) - FTFMX is in a strong downtrend that is likely to continue. While FTFMX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTFMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTFMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FTFMX
The long-term trend has been DOWN since Apr 2nd, 2024 at 12.28
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 12.37
The short-term trend has been DOWN since Mar 26th, 2024 at 12.37
Smart Scan Analysis for FTFMX
Based on our trend formula, FTFMX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.23 | 12.23 | 12.23 | 12.19 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.19 | 0 | 12.22 | 12.22 | 2024-04-15 20:00:00 |
| 52wk High | 12.48 | 52wk High Date | 2024-02-01 |
| 52wk Low | 11.37 | 52wk Low Date | 2023-10-30 |
| Year End Close | 12.46 | Payment Date | 2020-03-09 |