BSMR Invesco BulletShares 2027 Muncpl Bd ETF Forecast, Technical & Fundamental Analysis
BSMR in -0.26% downward trend, sliding for three consecutive days on December 13, 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 BSMR declined for three days, in of 208 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for BSMR moved out of overbought territory on December 04, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BSMR as a result. In of 62 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BSMR turned negative on December 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 39 similar instances when the indicator turned negative. In of the 39 cases the stock turned lower in the days that followed. This puts the odds of success at .
BSMR broke above its upper Bollinger Band on December 03, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BSMR advanced for three days, in of 252 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 315 cases where BSMR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MunicipalBondFunds
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SKSZX | 31.87 | N/A | N/A |
| AMG GW&K Small Cap Value Z | |||
| CIVAX | 16.76 | -0.03 | -0.18% |
| American Funds International Vntg 529-A | |||
| NWJFX | 139.62 | -0.59 | -0.42% |
| Nationwide NYSE Arca Tech 100 Idx InsSvc | |||
| BIAWX | 55.62 | -0.51 | -0.91% |
| Brown Advisory Sustainable Growth Inv | |||
| UNWPX | 1.49 | -0.02 | -1.32% |
| US Global Investors World Prec Mnral | |||
BSMR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BSMR has been loosely correlated with IBMQ. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if BSMR jumps, then IBMQ could also see price increases.
| Ticker / NAME | Correlation To BSMR | 1D Price Change % | ||
|---|---|---|---|---|
| BSMR | 100% | -0.25% | ||
| IBMQ - BSMR | 59% Loosely correlated | -0.08% | ||
| IBMP - BSMR | 58% Loosely correlated | -0.02% | ||
| IBMN - BSMR | 54% Loosely correlated | +0.04% | ||
| IBMO - BSMR | 41% Loosely correlated | -0.06% | ||
| IBMM - BSMR | 19% Poorly correlated | N/A |