CGMU Capital Group Municipal Income ETF Forecast, Technical & Fundamental Analysis

CGMU saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for CGMU moved out of overbought territory on April 04, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 23 similar instances where the indicator exited the overbought zone. In of the 23 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

CGMU moved below its 50-day moving average on April 04, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CGMU crossed bearishly below the 50-day moving average on March 24, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CGMU 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 Aroon Indicator for CGMU entered a downward trend on April 04, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CGMU's RSI Indicator exited the oversold zone, of 11 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 03, 2025. You may want to consider a long position or call options on CGMU as a result. In of 29 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 CGMU just turned positive on April 03, 2025. Looking at past instances where CGMU's MACD turned positive, the stock continued to rise in of 22 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CGMU advanced for three days, in of 160 cases, the price rose further within the following month. The odds of a continued upward trend are .

CGMU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.