LEO Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Dreyfus Strategic Municipals, Inc. (LEO) crossed below their 200 day moving average of $8.34, changing hands as low as $8.17 per share. Dreyfus Strategic Municipals, Inc. shares are currently trading down about 3% on the day. The chart below shows the one year performance of LEO shares, versus its 200 day moving average:

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Dreyfus Strategic Municipals, Inc. 200 Day Moving Average Chart

Looking at the chart above, LEO's low point in its 52 week range is $7.79 per share, with $8.65 as the 52 week high point — that compares with a last trade of $8.19.

According to the ETF Finder at ETF Channel, LEO makes up 1.08% of the CEF Municipal Income ETF ( XMPT) which is trading lower by about 1.9% on the day Tuesday.

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