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MMIT
ETF ticker: NYSE ARCA
AS OF
Jun 3, 04:59 PM (EDT)
Price
$23.65
Change
-$0.00 (-0.00%)
Net Assets
832.93M

MMIT NYLI MacKay Muni Intermediate ETF Forecast, Technical & Fundamental Analysis

The investment seeks current income exempt from federal income tax... Show more

MMIT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MMIT with price predictions
Jun 02, 2025

MMIT sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for MMIT moved below the 200-day moving average on April 28, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 43 cases where MMIT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on May 30, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MMIT as a result. In of 64 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MMIT turned negative on June 02, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MMIT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

MMIT moved above its 50-day moving average on May 23, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MMIT crossed bullishly above the 50-day moving average on May 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MMIT advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

MMIT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 309 cases where MMIT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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MMIT
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category MuniNationalInterm

Profile
Fundamentals
Details
Category
Muni National Interm
Address
IndexIQ800 Westchester Avenue, Suite N-611 Rye Brook, NY 10573Rye Brook
Phone
888-934-0777
Web
www.indexiq.com
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MMIT and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, MMIT has been closely correlated with MUNI. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if MMIT jumps, then MUNI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MMIT
1D Price
Change %
MMIT100%
-0.27%
MUNI - MMIT
89%
Closely correlated
-0.06%
MUB - MMIT
87%
Closely correlated
-0.28%
VTEB - MMIT
87%
Closely correlated
-0.13%
ITM - MMIT
87%
Closely correlated
-0.21%
MNBD - MMIT
85%
Closely correlated
-0.13%
More