CMF iShares California Muni Bond ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the ICE AMT-Free California Municipal Index... Show more
CMF in -0.77% downward trend, sliding for three consecutive days on May 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 CMF declined for three days, in of 293 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 13, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CMF as a result. In of 63 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 42 cases where CMF's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CMF just turned positive on June 12, 2025. Looking at past instances where CMF's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
CMF moved above its 50-day moving average on June 11, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CMF crossed bullishly above the 50-day moving average on May 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CMF advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .
CMF 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 252 cases where CMF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Advertisement
General Information
Category MuniCaliforniaLong
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RAPAX | 10.95 | 0.05 | +0.46% |
| Cohen & Steers Real Assets A | |||
| RICAX | 59.76 | -0.68 | -1.13% |
| American Funds Invmt Co of Amer R1 | |||
| CLIFX | 20.18 | -0.23 | -1.13% |
| Clifford Capital Partners Institutional | |||
| FITLX | 26.46 | -0.35 | -1.31% |
| Fidelity U.S. Sustainability Index | |||
| BRWCX | 23.79 | -0.35 | -1.45% |
| MFS Blended Research Growth Eq C | |||
CMF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CMF has been closely correlated with PWZ. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if CMF jumps, then PWZ could also see price increases.