Western Asset Intermediate Muni Fund Inc (NYSE:SBI) Dropped -0.1% – Here’s Why

After completing its last trading session, Western Asset Intermediate Muni Fund Inc (NYSE:SBI) dropped by -0.1% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 50.132, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.042, an Accumulation/Distribution Index (ADI) of 0.042, an On-Balance Volume (OBV) of 41.37, and a Chaiikin Money Flow (CMF) of 9.14. 1.0

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Western Asset Intermediate Muni Fund Inc (NYSE:SBI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.