Mutual Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
MAINSTAY MACKAY HIGH YIELD MUNICIPAL BOND FUND CLASS I (NASDAQ:MMHIX)
Long-Term Downtrend (-90) - MMHIX is in a strong downtrend that is likely to continue. While MMHIX 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 MMHIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMHIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMHIX
The long-term trend has been DOWN since Mar 12th, 2020 at 12.96
The intermediate-term trend has been DOWN since Mar 10th, 2020 at 13.26
The short-term trend has been DOWN since Mar 31st, 2020 at 12.37
Smart Scan Analysis for MMHIX
Based on our trend formula, MMHIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.48||52wk High Date||2020-02-28|
|52wk Low||11.37||52wk Low Date||2020-03-20|
|Year End Close||13||Payment Date||2019-12-11|