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Mutual Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

BNY MELLON NEW YORK TAX EXEMPT BOND FUND INC. (NASDAQ:DRNYX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_DRNYX
Open High Low DRNYX Price Change
15.07 14.99 14.99 14.99 -0.08
Entry Signal

MarketClub’s Trade Triangles for DRNYX

long term up The long term trend has been UP since Jan 2nd, 2019 at 14.43

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 15.17

short term down The short term trend has been DOWN since Sep 5th, 2019 at 15.22

Smart Scan Analysis for DRNYX

Based on a pre-defined weighted trend formula for chart analysis, DRNYX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for DRNYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.07 14.99 14.99 14.99 -0.08
Prev. Close Volume Bid Ask Time
15.07 0 14.99 14.99 2019-09-13 20:00:00
52wk High15.2352wk High Date2019-08-28
52wk Low14.252wk Low Date2018-11-06
Year End Close14.43Yield2.82
Want to analyze BNY MELLON NEW YORK TAX EXEMPT BOND FUND INC. DRNYX or another symbol? Try our Free Mutual Trend Analysis Report.