MRF Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of American Income Fund (MRF) crossed above their 200 day moving average of $7.61, changing hands as high as $7.62 per share. American Income Fund shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of MRF shares, versus its 200 day moving average:

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American Income Fund 200 Day Moving Average Chart

Looking at the chart above, MRF's low point in its 52 week range is $7.10 per share, with $8.78 as the 52 week high point — that compares with a last trade of $7.61.

According to the ETF Finder at ETF Channel, MRF makes up 3.85% of the India Consumer ETF ( INCO) which is trading relatively unchanged on the day Tuesday.

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