JPMorgan High Yield Municipal Breaks Above 200-Day Moving Average – Bullish for JMHI

In trading on Thursday, shares of the JPMorgan High Yield Municipal ETF (Symbol: JMHI) crossed above their 200 day moving average of $50.32, changing hands as high as $50.40 per share. JPMorgan High Yield Municipal shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of JMHI shares, versus its 200 day moving average:

Looking at the chart above, JMHI’s low point in its 52 week range is $48.74 per share, with $51.14 as the 52 week high point — that compares with a last trade of $50.36.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further JMHI Research:

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