CMF iShares California Muni Bond ETF Forecast, Technical & Fundamental Analysis
CMF in +0.21% Uptrend, rising for three consecutive days on February 20, 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 CMF advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CMF's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CMF just turned positive on January 24, 2025. Looking at past instances where CMF's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 50 cases where CMF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CMF as a result. In of 65 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 CMF 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 CMF entered a downward trend on January 22, 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.
General Information
Category MuniCaliforniaLong
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FACTX | 52.40 | N/A | N/A |
| Fidelity Advisor Health Care M | |||
| AWSHX | 65.25 | N/A | N/A |
| American Funds Washington Mutual A | |||
| CCCAX | 6.81 | N/A | N/A |
| Center Coast Brookfield Midstream Foc A | |||
| CSSYX | 23.38 | N/A | N/A |
| Columbia Select Small Cap Value Inst3 | |||
| TOVYX | 15.76 | -0.10 | -0.63% |
| American Beacon EAM Int Small Cap Y | |||
CMF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CMF has been closely correlated with MMCA. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if CMF jumps, then MMCA could also see price increases.
| Ticker / NAME | Correlation To CMF | 1D Price Change % | ||
|---|---|---|---|---|
| CMF | 100% | +0.11% | ||
| MMCA - CMF | 78% Closely correlated | +0.07% | ||
| PWZ - CMF | 63% Loosely correlated | -0.26% | ||
| FCAL - CMF | 63% Loosely correlated | +0.45% |