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's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for CGMU turned positive on August 01, 2025. Looking at past instances where CGMU's MACD turned positive, the stock continued to rise in of 25 cases over 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 July 29, 2025. You may want to consider a long position or call options on CGMU as a result. In of 35 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 178 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 161 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 .
CGMU broke above its upper Bollinger Band on August 01, 2025. 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.
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General Information
Category MuniNationalInterm
CGMU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CGMU has been closely correlated with EVIM. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if CGMU jumps, then EVIM could also see price increases.
| Ticker / NAME | Correlation To CGMU | 1D Price Change % | ||
|---|---|---|---|---|
| CGMU | 100% | -0.04% | ||
| EVIM - CGMU | 87% Closely correlated | -0.14% | ||
| MUB - CGMU | 85% Closely correlated | -0.14% | ||
| VTEB - CGMU | 84% Closely correlated | -0.06% | ||
| JMUB - CGMU | 82% Closely correlated | -0.11% | ||
| FMB - CGMU | 82% Closely correlated | -0.14% | ||
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