CAP GROUP MUNICIPAL INCOME (CGMU) Stock Technical Analysis
USA - NYSEARCA:CGMU - US14020Y2019 - ETF
Taking everything into account, CGMU scores 7 out of 10 in our technical rating. Although CGMU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CGMU also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.49, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
25.94
2 important support areas can be observed.
- A support zone ranging from 26.90 to 27.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.20 to 26.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.51 to 27.51. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CGMU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGMU is up. |
| ChartMill Relative Strength | 45.5 | NEUTRAL | CGMU is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CGMU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.27 | OVERBOUGHT | The high RSI value suggests CGMU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGMU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.79 | OVERBOUGHT | The high Stochastics value suggests CGMU may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for CGMU suggests low volalility. |
| Average Directional Index/ADX (14) | 38.22 | POSITIVE | The high ADX value value for CGMU suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.52 | 27.32 | 0.20 (0.74%) | 25.00% |
| An entry @27.52. This is a Buy Stop order right above the resistance zone. | An exit @27.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.20 points, which is 0.74%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:CGMU (10/24/2025, 8:14:48 PM)
27.5
0 (0%)
CAP GROUP MUNICIPAL INCOME / CGMU FAQ
What is the ChartMill technical rating of CAP GROUP MUNICIPAL INCOME (CGMU) stock?
ChartMill assigns a technical rating of 7 / 10 to CGMU.
Can you provide the trend direction for CAP GROUP MUNICIPAL INCOME?
The current trend direction for CAP GROUP MUNICIPAL INCOME (CGMU) is Bullish.
What is the RSI signal for CGMU stock?
CAP GROUP MUNICIPAL INCOME (CGMU) has an RSI value of 71.2747. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CAP GROUP MUNICIPAL INCOME?
The MACD indicator for CAP GROUP MUNICIPAL INCOME (CGMU) has a value of 0.00734406, indicating a bearish trend.
What is the support and resistance level for CGMU stock?
CAP GROUP MUNICIPAL INCOME (CGMU) has a support level at 27.49 and a resistance level at 27.51. Check the full technical report for our detailed analysis of CGMU support and resistance levels.