Mutual Trend Analysis Report
Prepared for you on Wednesday, August 21, 2019.
BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND INC. - COMMON SHARES (NASDAQ:XDMBX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XDMBX
The long term trend has been UP since Feb 8th, 2019 at 13.74
The intermediate term trend has been UP since Apr 29th, 2019 at 14.02
The short term trend has been UP since Jul 22nd, 2019 at 14.32
Smart Scan Analysis for XDMBX
Based on a pre-defined weighted trend formula for chart analysis, XDMBX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2017-12-06|
|52wk Low||13.49||52wk Low Date||2018-11-19|
|Year End Close||13.67||Payment Date||2019-06-03|