Mutual Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
THORNBURG STRATEGIC MUNICIPAL INCOME FUND CLASS C (NASDAQ:TSSCX)
Long-Term Downtrend (-90) - TSSCX is in a strong downtrend that is likely to continue. While TSSCX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TSSCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TSSCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TSSCX
The long-term trend has been DOWN since Mar 2nd, 2023 at 13.80
The intermediate-term trend has been DOWN since Apr 19th, 2023 at 13.97
The short-term trend has been DOWN since May 16th, 2023 at 13.98
Smart Scan Analysis for TSSCX
Based on our trend formula, TSSCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.29||52wk High Date||2022-08-02|
|52wk Low||13.32||52wk Low Date||2022-10-28|
|Year End Close||13.8|