JPMorgan High Yield Municipal Breaks Above 200-Day Moving Average

JPMorgan High Yield Municipal ETF (JMHI) crossed above its 200-day moving average of $50.32, trading as high as $50.40. The fund was up about 0.4% on the day, a technically positive but largely routine move. The article presents a price-action signal rather than a fundamental catalyst.

Analysis

JPMorgan High Yield Municipal ETF (JMHI) crossed above its 200-day moving average of $50.32, trading as high as $50.40. The fund was up about 0.4% on the day, a technically positive but largely routine move. The article presents a price-action signal rather than a fundamental catalyst.