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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.

PACF_MMIT
Open High Low MMIT Price Change
23.820 23.820 23.720 23.745 -0.025
Entry Signal

MarketClub’s Trade Triangles for MMIT

long term down The long-term trend has been DOWN since Mar 1st, 2023 at 24.10

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 24.16

short term down 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).

-90
Smart Scan Analysis for MMIT
Strong Downtrend Sideways 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 High24.84Year High Date2018-11-12
Year Low24.4054Year Low Date2018-11-05
52wk High24.794252wk High Date2023-02-02
52wk Low23.0952wk Low Date2022-10-26
Average Volume125,333
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