JMST JPMorgan Ultra-Short Municipal Inc ETF Forecast, Technical & Fundamental Analysis
JMST's RSI Oscillator leaves overbought zone
The 10-day RSI Indicator for JMST moved out of overbought territory on December 13, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 57 instances where the indicator moved out of the overbought zone. In of the 57 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 52 cases where JMST's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for JMST turned negative on December 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JMST declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JMST advanced for three days, in of 240 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 459 cases where JMST Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MuniNationalShort
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GSMSX | 36.14 | N/A | N/A |
| Goldman Sachs Mid Cap Value Svc | |||
| FKAIX | 51.89 | -0.28 | -0.54% |
| Federated Hermes Kaufmann Small Cap IS | |||
| LDVIX | 26.64 | -0.23 | -0.86% |
| AXS FTSE Vntr Cptl RetTrckr I | |||
| LSVAX | 21.98 | -0.28 | -1.26% |
| Loomis Sayles Small Cap Value Admin | |||
| RIBEX | 59.09 | -4.91 | -7.68% |
| American Funds Invmt Co of Amer R2E | |||
JMST and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, JMST has been loosely correlated with SMMU. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if JMST jumps, then SMMU could also see price increases.
| Ticker / NAME | Correlation To JMST | 1D Price Change % | ||
|---|---|---|---|---|
| JMST | 100% | -0.02% | ||
| SMMU - JMST | 53% Loosely correlated | -0.14% | ||
| MEAR - JMST | 53% Loosely correlated | -0.04% | ||
| STAX - JMST | 50% Loosely correlated | N/A | ||
| CGSM - JMST | 48% Loosely correlated | -0.08% | ||
| DFNM - JMST | 48% Loosely correlated | -0.18% | ||
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