CGMU Capital Group Municipal Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide a high level of current income exempt from regular federal income tax, consistent with the preservation of capital... Show more
CGMU in -0.09% downward trend, falling for three consecutive days on July 21, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CGMU declined for three days, in of 121 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for CGMU moved out of overbought territory on July 03, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on July 16, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CGMU as a result. In of 35 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CGMU turned negative on July 11, 2025. 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 24 similar instances when the indicator turned negative. In of the 24 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CGMU advanced for three days, in of 175 cases, the price rose further within the following month. The odds of a continued upward trend are .
CGMU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 161 cases where CGMU 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 MuniNationalInterm
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| RFIX | 45.64 | 1.05 | +2.35% |
| Simplify Downside Interest Rate Hedge Strategy ETF | |||
| DSM | 5.48 | 0.02 | +0.37% |
| BNY Mellon Strategic Municipal | |||
| IQDY | 33.42 | 0.05 | +0.15% |
| FlexShares Intl Qual Div Dynamic ETF | |||
| USTB | 50.67 | 0.05 | +0.10% |
| VictoryShares Short-Term Bond ETF | |||
| CHPS | 34.72 | -0.18 | -0.50% |
| Xtrackers Semiconductor Select Eq ETF | |||
CGMU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CGMU has been closely correlated with ITM. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if CGMU jumps, then ITM could also see price increases.
| Ticker / NAME | Correlation To CGMU | 1D Price Change % | ||
|---|---|---|---|---|
| CGMU | 100% | +0.11% | ||
| ITM - CGMU | 90% Closely correlated | +0.02% | ||
| VTEB - CGMU | 89% Closely correlated | +0.12% | ||
| MUNI - CGMU | 89% Closely correlated | +0.16% | ||
| MUB - CGMU | 89% Closely correlated | +0.13% | ||
| FMB - CGMU | 88% Closely correlated | +0.09% | ||
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