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Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
IQ MacKay Municipal Intermediate ETF (PACF:MMIT)
Long-Term Downtrend (-90) - MMIT is in a strong downtrend that is likely to continue. While MMIT 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 MMIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMIT.
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 MMIT
The long-term trend has been DOWN since Mar 1st, 2023 at 24.10
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 24.16
The short-term trend has been DOWN since Sep 20th, 2023 at 23.87
Smart Scan Analysis for MMIT
Based on our trend formula, MMIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.820 | 23.820 | 23.720 | 23.745 | -0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.770 | 135675 | 2023-09-22 15:20:31 |
| Year High | 24.84 | Year High Date | 2018-11-12 |
| Year Low | 24.4054 | Year Low Date | 2018-11-05 |
| 52wk High | 24.7942 | 52wk High Date | 2023-02-02 |
| 52wk Low | 23.09 | 52wk Low Date | 2022-10-26 |
| Average Volume | 125,333 |