INVESCO TAXABLE MUNICIPAL BO (BAB) Stock Technical Analysis
NYSEARCA:BAB - NYSE Arca - US46138G8050 - ETF - Currency: USD
Overall BAB gets a technical rating of 2 out of 10. BAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BAB has a bad 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 support zone below the current price at 26.31, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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 26.31. 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.
- A resistance zone ranging from 26.39 to 27.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for BAB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAB is neutral. |
| ChartMill Relative Strength | 28.17 | NEGATIVE | BAB has a low relative strength, it was outperformed by 71.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BAB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.66 | NEUTRAL | The RSI value for BAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BAB has a negative trend. |
| Stochastics (14,3) | 54.64 | NEUTRAL | The Stochastics value for BAB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for BAB suggests low volalility. |
| Average Directional Index/ADX (14) | 9.86 | NEGATIVE | The low ADX value for BAB suggests a weak or negative trend. |
NYSEARCA:BAB (7/11/2025, 8:04:00 PM)
26.33
-0.1 (-0.38%)