For its latest trading sesion, Federated Premier Municipal Income Fund (NYSE:FMN) spiked up by 0.1% – here is what that looked like (as of 2019-11-28):
What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, 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 0.059, an Accumulation/Distribution Index (ADI) of 0.059, an On-Balance Volume (OBV) of 39.182, and a Chaiikin Money Flow (CMF) of -13.99. 1.0
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Federated Premier Municipal Income Fund (NYSE:FMN). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.
2335 Holt Street, SAINT CROIX IN 47576