Mutual Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
FEDERATED HERMES MUNICIPAL ULTRASHORT FUND R6 CLASS (NASDAQ:FMULX)
Strong Downtrend (-100) - FMULX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FMULX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FMULX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMULX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMULX
The long-term trend has been DOWN since Sep 19th, 2022 at 9.88
The intermediate-term trend has been DOWN since Aug 16th, 2022 at 9.91
The short-term trend has been DOWN since Aug 16th, 2022 at 9.91
Smart Scan Analysis for FMULX
Based on our trend formula, FMULX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.04||52wk High Date||2021-10-15|
|52wk Low||9.85||52wk Low Date||2022-09-26|
|Year End Close||10.03|