MMD Makes Notable Cross Below Critical Moving Average Wednesday, June 21, 5:04 PM ET, by Market News Video Staff In trading on Wednesday, shares of MainStay DefinedTerm Municipal Opportunities Fund (MMD) crossed below their ...
In trading on Monday, shares of MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) crossed below their 200 day moving average of $17.27, changing hands as low as $17.22 per share. MainStay DefinedTerm Municipal Opportunities Fund shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of MMD shares, versus its 200 day moving average:
Looking at the chart above, MMD's low point in its 52 week range is $15.15 per share, with $19.45 as the 52 week high point — that compares with a last trade of $17.22.
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