Mutual Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
FEDERATED HERMES MUNICIPAL HIGH YIELD ADVANTAGE FUND CLASS C (NASDAQ:FMNCX)
Long-Term Downtrend (-90) - FMNCX is in a strong downtrend that is likely to continue. While FMNCX 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 FMNCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMNCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMNCX
The long-term trend has been DOWN since May 23rd, 2023 at 7.82
The intermediate-term trend has been DOWN since Apr 18th, 2023 at 7.92
The short-term trend has been DOWN since May 16th, 2023 at 7.97
Smart Scan Analysis for FMNCX
Based on our trend formula, FMNCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.41||52wk High Date||2022-06-01|
|52wk Low||7.46||52wk Low Date||2022-10-25|
|Year End Close||7.81||Payment Date||2014-08-07|