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:

START SLIDESHOW:
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

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.

More from Stocks

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Chip Stocks May Have Sold Off Too Much On Recent Spate of Bad News

Chip Stocks May Have Sold Off Too Much On Recent Spate of Bad News

Walmart Bulls Ring up Profits After Earnings Beat

Walmart Bulls Ring up Profits After Earnings Beat

Tesla Has Lost 15% Since Musk's Take-Private Tweet

Tesla Has Lost 15% Since Musk's Take-Private Tweet

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings