CGMU Capital Group Municipal Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide a high level of current income exempt from regular federal income tax, consistent with the preservation of capital... Show more
CGMU in +0.23% Uptrend, advancing for three consecutive days on June 12, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CGMU advanced for three days, in of 171 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 04, 2025. You may want to consider a long position or call options on CGMU as a result. In of 32 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 May 27, 2025. Looking at past instances where CGMU's MACD turned positive, the stock continued to rise in of 24 cases over the following month. The odds of a continued upward trend are .
CGMU moved above its 50-day moving average on May 27, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CGMU crossed bullishly above the 50-day moving average on May 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 149 cases where CGMU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
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 .
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General Information
Category MuniNationalInterm
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| NRIQX | 14.98 | N/A | N/A |
| Neuberger Berman International Eq R6 | |||
| JEVIX | 9.64 | N/A | N/A |
| JHancock Disciplined Value Em Mkts Eq I | |||
| SPINX | 20.47 | N/A | N/A |
| SEI S&P 500 Index A (SIIT) | |||
| ASISX | 29.24 | N/A | N/A |
| Invesco EQV Asia Pacific Equity R6 | |||
| AMBFX | 35.61 | -0.31 | -0.86% |
| American Funds American Balanced F2 | |||
CGMU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CGMU has been closely correlated with ITM. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if CGMU jumps, then ITM could also see price increases.
| Ticker / NAME | Correlation To CGMU | 1D Price Change % | ||
|---|---|---|---|---|
| CGMU | 100% | -0.04% | ||
| ITM - CGMU | 90% Closely correlated | -0.18% | ||
| FMB - CGMU | 90% Closely correlated | -0.22% | ||
| MUB - CGMU | 89% Closely correlated | -0.21% | ||
| VTEB - CGMU | 89% Closely correlated | -0.22% | ||
| MUNI - CGMU | 88% Closely correlated | -0.18% | ||
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