HYMU iShares High Yield Muni Income Act ETF Forecast, Technical & Fundamental Analysis

HYMU in +0.31% Uptrend, advancing for three consecutive days on January 06, 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 HYMU advanced for three days, in of 216 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 Indicator points to a transition from a downward trend to an upward trend -- in cases where HYMU's RSI Indicator exited the oversold zone, of 24 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 January 03, 2025. You may want to consider a long position or call options on HYMU as a result. In of 47 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 HYMU just turned positive on January 06, 2025. Looking at past instances where HYMU's MACD turned positive, the stock continued to rise in of 30 cases over the following month. The odds of a continued upward trend 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.

HYMU moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for HYMU crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 HYMU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .