MMIT NYLI MacKay Muni Intermediate ETF Forecast, Technical & Fundamental Analysis
The investment seeks current income exempt from federal income tax... Show more
MMIT's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for MMIT turned positive on June 11, 2025. Looking at past instances where MMIT's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 11, 2025. You may want to consider a long position or call options on MMIT as a result. In of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MMIT advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 298 cases where MMIT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MMIT moved out of overbought territory on July 03, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
MMIT broke above its upper Bollinger Band on June 27, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category MuniNationalInterm
MMIT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MMIT has been closely correlated with MUNI. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if MMIT jumps, then MUNI could also see price increases.
| Ticker / NAME | Correlation To MMIT | 1D Price Change % | ||
|---|---|---|---|---|
| MMIT | 100% | -0.08% | ||
| MUNI - MMIT | 88% Closely correlated | +0.02% | ||
| ITM - MMIT | 87% Closely correlated | -0.07% | ||
| MUB - MMIT | 87% Closely correlated | -0.09% | ||
| VTEB - MMIT | 86% Closely correlated | -0.04% | ||
| JMUB - MMIT | 85% Closely correlated | -0.04% | ||
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