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“Intermediate Municipal Bonds Fall Below 200-Day Moving Average – Key Signal for ITM Investors”

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Intermediate Muni ETF Shares Slip Below Key Average

Trading Update: ITM Sits Just Below Its 200-Day Average

In trading on Tuesday, shares of the Intermediate Muni ETF (Symbol: ITM) fell below their 200-day moving average of $46.33, reaching a low of $46.27 per share. Currently, Intermediate Muni shares are down approximately 0.3% on the day. The chart below illustrates the one-year performance of ITM shares alongside the 200-day moving average:

Intermediate Muni 200 Day Moving Average Chart

The chart indicates that ITM’s 52-week low is $43.35 per share, while its 52-week high is $47.1499 — a stark contrast to the last trade price of $46.28.

nslideshow Click here to discover which 9 other ETFs have recently crossed below their 200-day moving average »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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