INVESCO TAXABLE MUNICIPAL BO (BAB) Stock Technical Analysis
NYSEARCA:BAB - NYSE Arca - US46138G8050 - ETF - Currency: USD
Overall BAB gets a technical rating of 5 out of 10. BAB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BAB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 26.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.43
We found 1 important support area.
- A support zone ranging from 25.69 to 26.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Strong resistance @26.81 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAB is up. |
| ChartMill Relative Strength | 33.8 | NEUTRAL | BAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BAB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.02 | NEUTRAL | The RSI value for BAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.15 | OVERBOUGHT | The high Stochastics value suggests BAB may be overbought. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for BAB suggests low volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for BAB suggests a weak or negative trend. |
NYSEARCA:BAB (8/8/2025, 8:20:14 PM)
26.64
-0.06 (-0.22%)