Simplify National Muni Bond ETF NMB
Jump To Section
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Simplify National Muni Bond ETF (NMB) Investment Strategy and Portfolio Holdings Overview
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objectives by investing primarily in investment grade U.S. municipal bonds and applying an income generating option strategy. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. municipal bonds.
Key Insights
Simplify National Muni Bond ETF (NMB) Essential ETF Metrics and Performance Data
Latest Closing Price
$24.17Market Cap
$83.36 MillionAverage Daily Volume
4,677 Shares52-Week Range
$21.84-$26.12Total Outstanding Shares
2.83 Million SharesCurrent Dividend
$0.26 Per Share QuarterlyInception Date
January 31, 2001