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AllianceBernstein National Municipal Income Fund (AFB) – sideways & breakout history

NYSE

AllianceBernstein National Municipal Income Fund has been moving sideways between $9.97 and $12.47 since 19 Mar 2023.

Since 2020, NasdaqScan has found 3 sideways ranges in AFB. Completed ranges lasted 515 days on average, from 462 to 567 days. Of those 2, 1 broke downward and 1 ended without a clear breakout. The current range is 25% wide from low to high. NasdaqScan detected one breakout pattern in AllianceBernstein National Municipal Income Fund, on 26 Jun 2022 after 462 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$9.97 – $12.4719 Mar 2023Still sideways——
$13.89 – $15.309 Jan 202216 Apr 2023 (462 days)Broke below the range at $10.9926 Jun 2022 (Go ahead)
$9.9391 – $14.50878 Nov 202029 May 2022 (567 days)Range invalidated at $11.20—

Breakout patterns detected

  • 26 Jun 2022: breakout from a sideways range after 462 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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