RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Dreyfus Municipal Bond Infrastructure stock downgraded to Hold/Accumulate
(Updated on Feb 26, 2024)


Buy or Hold candidate since Feb 07, 2024 Loss -0.19% PDF
The Dreyfus Municipal Bond Infrastructure stock price fell by -0.87% on the last day (Monday, 26th Feb 2024) from $10.37 to $10.28. During the last trading day the stock fluctuated 1.12% from a day low at $10.27 to a day high of $10.38. The price has risen in 5 of the last 10 days but is still down by -0.39% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -506 shares and in total, 66 thousand shares were bought and sold for approximately $681.42 thousand.

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The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.69% during the next 3 months and, with a 90% probability hold a price between $10.27 and $10.73 at the end of this 3-month period.

DMB Signals & Forecast

The Dreyfus Municipal Bond Infrastructure stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $10.36. On a fall, the stock will find some support from the long-term average at approximately $10.27. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, February 15, 2024, and so far it has fallen -1.34%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

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Support, Risk & Stop-loss for Dreyfus Municipal Bond Infrastructure stock

Dreyfus Municipal Bond Infrastructure finds support from accumulated volume at $10.11 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.115 between high and low, or 1.12%. For the last week the stock has had daily average volatility of 0.552%

Our recommended stop-loss: $9.84 (-4.28%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (DMB) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect Dreyfus Municipal Bond Infrastructure Fund Inc to open at $10.31, and during the day (based on 14 day Average True Range), to move between $10.20 and $10.36, which gives a possible trading interval of +/-$0.0788 (+/-0.77%) up or down from last closing price. If Dreyfus Municipal Bond Infrastructure Fund Inc takes out the full calculated possible swing range there will be an estimated 1.53% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.29 (0.10%) than the support at $10.11 (1.65%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Dreyfus Municipal Bond Infrastructure Fund Inc stock A Buy?

Dreyfus Municipal Bond Infrastructure holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.563 Open Broker Account

Hold/Accumulate Downgraded

Predicted Opening Price for Dreyfus Municipal Bond Infrastructure Fund Inc of Tuesday, February 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 27, 2024 Current price
$10.31 ( 0.275%) $10.28

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.42 1.39 %
R2 10.38 0.97 %
R1 10.35 0.702 %
Current price: 10.28
Support S1 10.26 -0.152 %
S2 10.24 -0.415 %
S3 10.19 -0.84 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.31 0.292 %
R2 10.30 0.195 %
R1 10.29 0.0973 %
Current price 10.28
Support S1 10.11 -1.65%
S2 10.10 -1.75%
S3 10.08 -1.95%
What is the symbol for Dreyfus Municipal Bond Infrastructure Fund Inc Stock and on which exchange is it traded?
The symbol for Dreyfus Municipal Bond Infrastructure Fund Inc is DMB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Dreyfus Municipal Bond Infrastructure Fund Inc Stock?
Dreyfus Municipal Bond Infrastructure holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Dreyfus Municipal Bond Infrastructure Fund Inc Stock?
Dreyfus Municipal Bond Infrastructure Fund Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Dreyfus Municipal Bond Infrastructure Fund Inc Stock.

What's the current price of Dreyfus Municipal Bond Infrastructure Fund Inc Stock?
As of the end of day on the 2024-02-26, the price of an Dreyfus Municipal Bond Infrastructure Fund Inc (DMB) share was $10.28.

What is the 52-week high and low for Dreyfus Municipal Bond Infrastructure Fund Inc Stock?
The 52-week high for Dreyfus Municipal Bond Infrastructure Fund Inc Stock is $11.73 and the 52-week low is $8.94.

What is the market capitalization of Dreyfus Municipal Bond Infrastructure Fund Inc Stock?
As of the 2024-02-26, the market capitalization of Dreyfus Municipal Bond Infrastructure Fund Inc is 189.214M.

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About Dreyfus Municipal Bond Infrastructure Fund Inc

BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies ... DMB Profile

DMB Dividend Data

4.15%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Next Ex-Dividend Date Feb 16, 2024
Next Payment Date Mar 01, 2024
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