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Market Impact: 0.12

FLMI Makes Bullish Cross Above Critical Moving Average

Market Technicals & FlowsInvestor Sentiment & PositioningCredit & Bond Markets

Franklin Dynamic Municipal Bond ETF (FLMI) crossed above its 200-day moving average of $24.85, trading as high as $24.91 per share and up about 0.4% on the day. The move is a modest technical positive for the ETF, indicating improved near-term momentum but limited fundamental significance.

Analysis

Franklin Dynamic Municipal Bond ETF (FLMI) crossed above its 200-day moving average of $24.85, trading as high as $24.91 per share and up about 0.4% on the day. The move is a modest technical positive for the ETF, indicating improved near-term momentum but limited fundamental significance.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15