MENU
Go to the list of all blogs
Anna G's Avatar
published in Blogs
Aug 29, 2023

DWS Strategic Municipal Income Trust ($KSM) Navigates a 0.93% Drawdown: Unraveling the Numbers

Discover the future of trading with Tickeron's AI robots. Whether you're a Beginner or an Experienced trader, our Top 10 AI robots have you covered. Let AI analyze trends and guide your decisions, unlocking new possibilities for success in the world of AI trading.

📈 DWS Strategic Municipal Income Trust (KSM) Signals Uptrend: Navigating the Current Financial Landscape 📊

Introduction:

In the dynamic world of trading, every hint and signal can carry weight. Recent movements of DWS Strategic Municipal Income Trust (KSM, $8.11) have caught the attention of savvy traders and analysts alike. Let's dissect these indicators and delve deeper into what they could signify for KSM.

RSI Shifts Course:

🚦 The Relative Strength Index (RSI) for KSM recently exited the oversold territory on August 25, 2023. Historically, this movement has signaled a potential shift from a downtrend to an uptrend. Traders might want to consider buying opportunities or probing call options. With an encouraging 75% success rate in 32 similar instances, the odds seem favorable.

Trend Analysis:

⚠️ However, a word of caution! KSM's 10-day moving average took a bearish turn below its 50-day moving average on August 10, 2023. Such crosses often indicate a potential downtrend. Past data suggests that in 73% of the cases, the stock continued its descent in the month following this cross.

Industry Spotlight:

💼 DWS Strategic Municipal Income Trust stands out as a diversified management investment company in the closed-end category. Committed to delivering high levels of tax-exempt income, the fund is vested heavily in tax-exempt municipal securities. The diverse range of products under its umbrella includes ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and more.

Recent Performance:

📊 Over the past week, KSM has seen a slight uptick, gaining +0.12%. Despite the modest gains, the ETF faced a drawdown of -0.93% during this period, with an average daily trading volume of 1955 shares.

Comparative Analysis:

🔍 A fascinating insight from the A.I.dvisor pinpoints the correlation between KSM and NVG. Over the past year, they've been poorly correlated 31% of the time, hinting at a low likelihood that their prices will mirror each other.

 While the RSI suggests optimism for KSM, the moving average indicators remind us of the importance of caution. As always, diversifying investments and staying updated on industry trends can offer insights and mitigate potential risks. Remember, informed decisions often lead to better outcomes! 💡📊📉📈

 

Related Ticker: KSM

Industry description

DWS Strategic Municipal Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax. It seeks to achieve its investment objective by investing in a portfolio of tax-exempt municipal securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.
View a ticker or compare two or three
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Fundamentals
Details
Category
High Yield Muni
Address
345 Park AvenueNew York
Phone
N/A
Web
https://fundsus.deutscheam.com/EN/
Ad is loading...
In July, Apple (NASDAQ: AAPL) made history as the first company to close regular-session trading with a market capitalization exceeding $3.5 trillion. Despite early session declines, Apple stock reached an all-time high of $229.40 and closed at $228.68.
Swing trading involves holding positions for several days to weeks to capture gains from market movements that unfold over a medium-term horizon. This strategy relies on technical analysis to identify potential entry and exit points, often supplemented by fundamental analysis to strengthen trade decisions.
The cleaning sector has exhibited a notable performance increase, experiencing a +4.71% rise over the past week. This performance surge reflects positive market sentiment and possibly increasing demand within the sector.
The immuno-oncology sector, comprising companies that develop advanced technologies for cancer treatment, has shown promising performance recently. This sector's innovation and critical role in advancing cancer treatments have led to a significant market response, reflected in a notable +8.04% increase in performance over the past week. Below is an analysis of the key players in this group—Corvus Pharmaceuticals (CRVS), AnaptysBio (ANAB), and iTeos Therapeutics (ITOS)—focusing on market capitalization, price movements, volume changes, and technical indicators.
U.S. stocks took a hit as tech shares dropped and the yen strengthened, leading to a 1,033-point drop in the Dow. With growing concerns over the Fed's rate policy, analysts now predict multiple rate cuts to address rising economic risks.
The technology sector remains a dynamic space for investors, with certain themes like portable devices showing substantial growth potential. Over the past week, the portable devices theme has seen an impressive performance with a +14.86% increase, highlighting the strength and resilience of companies operating within this sector. In this article, we will explore key metrics such as market capitalization, price trends, and volume growth, while also taking a closer look at the individual performances of companies within this theme, particularly focusing on Apple Inc. (AAPL), CEVA Inc. (CEVA), and Generac Holdings Inc. (GNRC).
The performance of companies in the fish-selling category has attracted significant attention recently, primarily due to the group's impressive +19.69% increase in performance over the past week. The 'fish' category, which includes companies that sell or produce fish, often overlaps with firms involved in poultry, frozen meat, and dairy products. Notable companies in this sector include Lifeway Foods, Inc. (LWAY), Sanderson Farms, Inc., and Hormel Foods Corp. (HRL). In this article, we will explore the market dynamics, price movements, and volume changes affecting this sector, with a focus on the group of tickers HRL, LWAY, BRFS, and PPC.
Two standout models are at the core of Tickeron's new bots (robots). Identifying and acting on price drops ("search for dips") and leveraging significant volatility spikes.
Tickeron has introduced advanced AI trading bots designed for day traders, utilizing Financial Learning Models (FLMs) and technical analysis to optimize strategies in high-volatility markets. These bots are engineered to capitalize on price surges and provide precise, short-term trading opportunities.
The railroads sector has recently demonstrated impressive performance, with a notable +19.69% increase in performance over the past week. This surge underlines the sector's critical role in freight and passenger transportation across North America, providing essential infrastructure for both national and international trade logistics. This article delves into the sector's key players, their market performance, and recent trends that are shaping the future of rail transport.
The uranium sector has been gaining notable attention recently, with a sharp uptick in performance. As of last week, uranium companies have seen a significant increase in performance by +10.69%. This surge brings renewed focus to uranium, a critical element used in nuclear power generation. With nuclear energy gaining traction as a cleaner alternative, companies engaged in uranium acquisition, exploration, and development are well-positioned to capitalize on this demand.
Amazon (AMZN) saw a $54B market cap increase this week, driven by a 2.74% stock price surge. Despite the short-term volatility indicated by breaking its upper Bollinger Band, the company's strong positioning in AI and cloud computing continues to attract investor interest.
The financial markets saw a mix of gains and declining volatility between September 23-27, with key indexes like SPY, QQQ, and DIA posting positive returns. Despite rising stocks, volatility measures dropped, reflecting reduced market uncertainty. This article explores market trends and highlights AI-driven trading robots designed to capitalize on opportunities while managing risk.
Tickeron's AI-powered Trend Trading bots are revolutionizing stock investing by integrating Financial Learning Models (FLMs) to help hedge fund managers and traders uncover undervalued stocks. These bots provide actionable signals, apply advanced risk management strategies, and support disciplined growth, empowering investors to navigate complex financial markets with ease.
The aluminum construction companies have experienced a significant boost, with the segment seeing a +11.13% increase in performance over the past week. This growth is largely driven by the rising demand for lightweight materials, particularly in the automotive sector, where aluminum is being widely adopted to improve fuel efficiency. The aluminum industry plays a vital role in the U.S. economy, generating approximately $71 billion annually in direct economic impact, according to The Aluminum Association.
Unlock the potential of AI-powered swing trading with robots designed to track dips in top S&P 500 stocks. Whether you're a beginner or experienced trader, these tools help manage up to $20k per position, balancing risk and reward with advanced algorithms and market insights. Discover how to maximize returns in volatile markets!
Discover Tickeron's new AI-driven trading bots designed for high-volatility markets and impulse price action. Leveraging Financial Learning Models (FLMs) and technical analysis, these bots optimize trades, offer a 70% win rate, and execute strategies for day traders focused on fast market moves.
The Diesel Companies segment has displayed a notable increase of +9.44% in performance over the past week. This uptick highlights a positive trend in the sector, encompassing companies involved in the manufacturing of diesel vehicles and the distribution of transportation fuels.
Tickeron launches AI-powered Stock Picker robots to assist hedge fund managers with sector rotation, growth-focused small-cap stocks, and strategic risk management. Using proprietary FLMs, Stock Pickers offer quant-driven signals and adaptive strategies for long-term growth and investment
Tickeron unveils an intuitive AI trading bot interface, offering tailored strategies for day, swing, and trend traders. From beginners to pros, discover tools designed to optimize trading precision, adapt to market volatility, and provide hedge fund-level insights for smarter investments.