Mutual Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
FIDELITY CONSERVATIVE INCOME MUNICIPAL BOND FUND: INSTITUTIONAL CLASS (NASDAQ:FMNDX)
Strong Downtrend (-100) - FMNDX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FMNDX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FMNDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMNDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMNDX
The long-term trend has been DOWN since Sep 20th, 2022 at 9.96
The intermediate-term trend has been DOWN since Aug 15th, 2022 at 9.99
The short-term trend has been DOWN since Sep 20th, 2022 at 9.96
Smart Scan Analysis for FMNDX
Based on our trend formula, FMNDX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.05||52wk High Date||2021-10-20|
|52wk Low||9.94||52wk Low Date||2022-10-05|
|Year End Close||10.04||Payment Date||2020-02-10|