Mutual Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
WESTERN ASSET MANAGED MUNICIPALS FUND CLASS I (NASDAQ:SMMYX)
Weak Downtrend (-65) - SMMYX is showing signs of a strengthening downtrend. Monitor SMMYX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SMMYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMMYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMMYX
The long-term trend has been UP since Aug 2nd, 2022 at 15.31
The intermediate-term trend has been DOWN since Aug 18th, 2022 at 15.16
The short-term trend has been DOWN since Aug 5th, 2022 at 15.31
Smart Scan Analysis for SMMYX
Based on our trend formula, SMMYX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.91||52wk High Date||2021-08-19|
|52wk Low||14.78||52wk Low Date||2022-05-18|
|Year End Close||16.75||Yield||3.1344|