Mutual Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
NUVEEN FLAGSHIP MICHIGAN MUNI BD FD CL A (NASDAQ:FMITX)
Long-Term Uptrend (+90) - FMITX is in a strong uptrend that is likely to continue. While FMITX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FMITX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMITX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMITX
The long-term trend has been UP since Dec 1st, 2022 at 10.55
The intermediate-term trend has been UP since Jan 6th, 2023 at 10.62
The short-term trend has been UP since Jan 3rd, 2023 at 10.51
Smart Scan Analysis for FMITX
Based on our trend formula, FMITX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.73||52wk High Date||2022-02-04|
|52wk Low||10.06||52wk Low Date||2022-10-25|
|Year End Close||10.5||Payment Date||2021-12-07|