SHM SPDR Nuveen ICE Short Term Muncpl Bd ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ICE 1-5 Year AMT-Free US Select Municipal Index... Show more
SHM in downward trend: price may drop because broke its higher Bollinger Band on May 27, 2025
SHM broke above its upper Bollinger Band on May 27, 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. The A.I.dvisor looked at 35 similar instances where the stock broke above the upper band. In of the 35 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SHM advanced for three days, in of 267 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 273 cases where SHM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category MuniNationalShort
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FNFPX | 69.41 | 0.46 | +0.67% |
| American Funds New Perspective 529-F-3 | |||
| ICBMX | 16.93 | 0.09 | +0.53% |
| ICON Natural Resources and Infras Instl | |||
| HIOCX | 18.19 | 0.08 | +0.44% |
| Hartford International Opportunities C | |||
| UEMPX | 8.78 | 0.02 | +0.23% |
| UBS Emerging Markets Equity Opp P | |||
| ETIHX | 34.10 | -0.05 | -0.15% |
| Eventide Healthcare & Life Sciences I | |||
SHM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHM has been closely correlated with SMMU. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHM jumps, then SMMU could also see price increases.
| Ticker / NAME | Correlation To SHM | 1D Price Change % | ||
|---|---|---|---|---|
| SHM | 100% | +0.08% | ||
| SMMU - SHM | 80% Closely correlated | N/A | ||
| SUB - SHM | 79% Closely correlated | +0.05% | ||
| VTES - SHM | 79% Closely correlated | +0.09% | ||
| CGSM - SHM | 76% Closely correlated | +0.05% | ||
| DFNM - SHM | 74% Closely correlated | +0.17% | ||
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