BSMQ Invesco BulletShares 2026 Muncpl Bd ETF Forecast, Technical & Fundamental Analysis
BSMQ in -0.11% downward trend, falling for three consecutive days on December 24, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where BSMQ declined for three days, in of 235 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on BSMQ as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BSMQ just turned positive on January 06, 2025. Looking at past instances where BSMQ's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
BSMQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category MunicipalBondFunds
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LCEAX | 18.43 | 0.14 | +0.77% |
| Invesco Diversified Dividend A | |||
| TOWFX | 16.18 | 0.11 | +0.68% |
| Towpath Focus Institutional | |||
| NWXRX | 12.41 | 0.05 | +0.40% |
| Nationwide Small Cap Index Instl Svc | |||
| STVYX | 17.21 | 0.03 | +0.17% |
| SEI Tax-Managed Mgd Volatility Y (SIMT) | |||
| BGIKX | 12.83 | N/A | N/A |
| Baillie Gifford International Alpha K | |||
BSMQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BSMQ has been loosely correlated with IBMP. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if BSMQ jumps, then IBMP could also see price increases.
| Ticker / NAME | Correlation To BSMQ | 1D Price Change % | ||
|---|---|---|---|---|
| BSMQ | 100% | +0.13% | ||
| IBMP - BSMQ | 48% Loosely correlated | +0.24% | ||
| IBMQ - BSMQ | 47% Loosely correlated | +0.20% | ||
| IBMO - BSMQ | 46% Loosely correlated | +0.20% | ||
| IBMN - BSMQ | 45% Loosely correlated | +0.06% | ||
| BSMP - BSMQ | 31% Poorly correlated | +0.04% |