Mutual Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
THORNBURG NEW MEXICO INTERMEDIATE MUNICIPAL FUND CLASS D (NASDAQ:THNDX)
Crossroads (+60) - THNDX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid THNDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for THNDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THNDX
The long-term trend has been DOWN since Oct 22nd, 2020 at 13.44
The intermediate-term trend has been UP since Nov 4th, 2020 at 13.45
The short-term trend has been UP since Nov 12th, 2020 at 13.46
Smart Scan Analysis for THNDX
Based on our trend formula, THNDX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.65||52wk High Date||2020-03-09|
|52wk Low||12.47||52wk Low Date||2020-03-20|
|Year End Close||13.34|