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NYLI MacKay Muni Intermediate (MMIT) Shares Cross Below 200 DMA

Market Technicals & FlowsInvestor Sentiment & Positioning

NYLI MacKay Muni Intermediate ETF (MMIT) crossed below its 200-day moving average of $24.28, trading as low as $24.23 per share. The ETF was still up about 0.1% on the day, making this a modest technical signal rather than a fundamental news event.

Analysis

NYLI MacKay Muni Intermediate ETF (MMIT) crossed below its 200-day moving average of $24.28, trading as low as $24.23 per share. The ETF was still up about 0.1% on the day, making this a modest technical signal rather than a fundamental news event.

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