CAP GROUP MUNICIPAL INCOME (CGMU) Stock Technical Analysis
NYSEARCA:CGMU - NYSE Arca - US14020Y2019 - ETF - Currency: USD
Taking everything into account, CGMU scores 4 out of 10 in our technical rating. In the past year, CGMU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CGMU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 26.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGMU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
25.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.20 to 26.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.44 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.73 to 27.52. 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 CGMU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGMU is up. |
| ChartMill Relative Strength | 29.44 | NEGATIVE | CGMU has a low relative strength, it was outperformed by 70.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGMU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGMU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for CGMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGMU has a negative trend. |
| Stochastics (14,3) | 73.47 | NEUTRAL | The Stochastics value for CGMU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for CGMU suggests low volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for CGMU suggests a possible start of a new trend. |
NYSEARCA:CGMU (7/11/2025, 8:04:02 PM)
26.718
-0.04 (-0.16%)