IMSI Invesco Municipal Strategic Income ETF Forecast, Technical & Fundamental Analysis
IMSI's RSI Indicator sits in oversold zone for 6 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
IMSI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IMSI as a result. In of 26 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
IMSI moved below its 50-day moving average on December 30, 2024 date and that indicates a change from an upward trend to a downward trend.
The Aroon Indicator for IMSI entered a downward trend on January 08, 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 HighYieldMuni
IMSI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IMSI has been closely correlated with FMHI. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if IMSI jumps, then FMHI could also see price increases.
| Ticker / NAME | Correlation To IMSI | 1D Price Change % | ||
|---|---|---|---|---|
| IMSI | 100% | +0.23% | ||
| FMHI - IMSI | 85% Closely correlated | +0.19% | ||
| HYD - IMSI | 83% Closely correlated | +0.14% | ||
| XMPT - IMSI | 72% Closely correlated | +0.32% | ||
| HYMB - IMSI | 71% Closely correlated | +0.35% | ||
| FLMI - IMSI | 61% Loosely correlated | +0.29% | ||
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