The Aroon Indicator for BSMU entered a downward trend on September 22, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 170 similar instances where the Aroon Indicator formed such a pattern. In of the 170 cases the stock moved lower. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BSMU as a result. In of 27 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 BSMU turned negative on September 19, 2023. 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 21 similar instances when the indicator turned negative. In of the 21 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for BSMU moved below the 200-day moving average on September 12, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BSMU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BSMU advanced for three days, in of 161 cases, the price rose further within the following month. The odds of a continued upward trend are .
BSMU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Category MunicipalBondFunds
1 Day | |||
---|---|---|---|
MFs / NAME | Price $ | Chg $ | Chg % |
FATEX | 79.34 | 0.25 | +0.32% |
Fidelity Advisor® Technology M | |||
DEYCX | 17.83 | -0.01 | -0.06% |
BNY Mellon Large Cap Equity C | |||
DPTAX | 33.00 | -0.04 | -0.12% |
BNY Mellon Tax Managed Growth C | |||
FGFCX | 32.05 | -0.11 | -0.34% |
Federated Hermes International Leaders C | |||
SPEDX | 15.39 | -0.06 | -0.39% |
Alger Dynamic Opportunities A |
A.I.dvisor indicates that over the last year, BSMU has been closely correlated with IBMP. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if BSMU jumps, then IBMP could also see price increases.
Ticker / NAME | Correlation To BSMU | 1D Price Change % | ||
---|---|---|---|---|
BSMU | 100% | +0.09% | ||
IBMP - BSMU | 79% Closely correlated | -0.18% | ||
IBMO - BSMU | 75% Closely correlated | +0.06% | ||
IBMN - BSMU | 64% Loosely correlated | -0.04% | ||
IBMM - BSMU | 52% Loosely correlated | -0.04% | ||
BTT - BSMU | 52% Loosely correlated | +0.36% | ||
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