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American Century Diversified Municipal Bond Etf | TAXF

Daily Technical Analysis of American Century Diversified Municipal Bond Etf

American Century Diversified Municipal Bond is slightly down on the day, it isn't making a very large move but still down -0.24%. We'll see if it can keep moving down or not. It looks like TAXF may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. TAXF hasn't had very clear momentum over the last 3 months and has sort of been bouncing around so that doesn't make me feel very certain that it can punsh through the line.

If the price bounces off of the support and moves up it'll probably head up to the $50.01 level, at which point it may hit some selling pressure. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $47.18 at which point, it may have a chance of recovering from there.


Last analyzed on 2025-03-31

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Research

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