NBH Makes Notable Cross Below Critical Moving Average

Neuberger Intermediate Municipal Fund (NBH) traded down ~0.8% and briefly crossed below its 200-day moving average, dipping to as low as $10.26 versus the $10.31 level. The move is a technical deterioration rather than a fundamental update, but it may weigh modestly on near-term sentiment.

Analysis

Neuberger Intermediate Municipal Fund (NBH) traded down ~0.8% and briefly crossed below its 200-day moving average, dipping to as low as $10.26 versus the $10.31 level. The move is a technical deterioration rather than a fundamental update, but it may weigh modestly on near-term sentiment.