Shares of Dreyfus Strategic Municipal Bond Fund (DSM) crossed above their 200-day moving average of $5.90, trading as high as $5.96 and rising about 2.1% on the day. The action represents a modest technical breakout that could attract short-term momentum flows but is unlikely to change broader municipal market fundamentals.
Shares of Dreyfus Strategic Municipal Bond Fund (DSM) crossed above their 200-day moving average of $5.90, trading as high as $5.96 and rising about 2.1% on the day. The action represents a modest technical breakout that could attract short-term momentum flows but is unlikely to change broader municipal market fundamentals.
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mildly positive
Sentiment Score
0.15