Why Is Fidelity Intermediate Municipal Income Fund (NASDAQ: FLTMX) Stock Down Today?

Fidelity Intermediate Municipal Income Fund (NASDAQ: FLTMX) Summary

Fidelity Intermediate Municipal Income Fund (NASDAQ: FLTMX) is trading down -0.49% at $10.07, reflecting a negative shift in investor sentiment today. The stock opened at $10.07 and has moved between $10.07 and $10.07 so far.

Trading volume is 0, and the price action suggests selling interest.

Technically, FLTMX on the NASDAQ is trading below its 50-day moving average of $10.21 and below its 200-day moving average of $10.26, indicating short-term and long-term weakness.

Meyka's AI assigns FLTMX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +1.79% in 1 month ($10.25), +5.07% in 1 year ($10.58), and +15.36% in 5 years ($11.62).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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