Here’s Why MainStay MacKay DefinedTerm Municipal Opportunitie (NYSE:MMD) Dropped -0.5%

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In its most recent trading session, MainStay MacKay DefinedTerm Municipal Opportunitie (NYSE:MMD) dropped by -0.5% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 50.105, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.102, an Accumulation/Distribution Index (ADI) of 0.102, an On-Balance Volume (OBV) of 97.83, and a Chaiikin Money Flow (CMF) of 20.64. 0.877

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for MainStay MacKay DefinedTerm Municipal Opportunitie (NYSE:MMD). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.