Mutual Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
THORNBURG NEW MEXICO INTERMEDIATE MUNICIPAL FUND CLASS I (NASDAQ:THNIX)
Sidelines Mode (-55) - THNIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid THNIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for THNIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THNIX
The long-term trend has been DOWN since Feb 24th, 2021 at 13.43
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 13.56
The short-term trend has been UP since Mar 23rd, 2021 at 13.39
Smart Scan Analysis for THNIX
Based on our trend formula, THNIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.61||52wk High Date||2020-08-10|
|52wk Low||13.09||52wk Low Date||2020-04-30|
|Year End Close||13.56|