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 +0.30% Uptrend, advancing for three consecutive days on June 23, 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 Aroon Indicator entered an Uptrend today. In of 160 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 10-day RSI Indicator for CGMU moved out of overbought territory on July 03, 2025. 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 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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 June 26, 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
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| PDP | 109.12 | 1.57 | +1.46% |
| Invesco Dorsey Wright Momentum ETF | |||
| XJH | 42.68 | 0.19 | +0.45% |
| iShares ESG Select Scrn S&P Mid-Cap ETF | |||
| ONLN | 51.68 | 0.16 | +0.30% |
| ProShares Online Retail ETF | |||
| CGRO | 26.57 | N/A | N/A |
| CoreValues Alpha Greater China Gr ETF | |||
| SEPM | 30.81 | N/A | N/A |
| FT Vest U.S. Eq Max Buffr ETF - Sep | |||
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% | -0.11% | ||
| ITM - CGMU | 90% Closely correlated | -0.07% | ||
| FMB - CGMU | 90% Closely correlated | -0.09% | ||
| MUB - CGMU | 89% Closely correlated | -0.09% | ||
| VTEB - CGMU | 89% Closely correlated | -0.04% | ||
| MUNI - CGMU | 88% Closely correlated | +0.02% | ||
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