Franklin Dynamic Municipal Bond ETF (FLMI)

Franklin Dynamic Municipal Bond ETF is trading at $23.27, up 0.52% on the session. The 50 day average sits at $24.20 and the 200 day at $24.80, which puts the stock in a downtrend. RSI is at 25.1, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $23.10 with resistance near $24.67, so that band frames the current range. Average daily movement is roughly $0.15, or about 0.6% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 3, momentum of 37 and a risk score of 92.

Under normal market conditions, the fund invests at least 80% of its net assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's net assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay interest subject to other federal or state income taxes.