ZTAX X-Square Municipal Income Tax Free ETF Forecast, Technical & Fundamental Analysis

ZTAX's Stochastic Oscillator stays in oversold zone for 2 days

Be on the lookout for a price bounce soon.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on August 04, 2025. You may want to consider a long position or call options on ZTAX as a result. In of 61 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ZTAX just turned positive on July 25, 2025. Looking at past instances where ZTAX's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

ZTAX moved above its 50-day moving average on July 24, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ZTAX crossed bullishly above the 50-day moving average on July 25, 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 ZTAX advanced for three days, in of 89 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZTAX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ZTAX broke above its upper Bollinger Band on July 29, 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.