CAP GROUP SHORT MUNI INCOME (CGSM) Stock Technical Analysis
NYSEARCA:CGSM - NYSE Arca - US14020Y6077 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to CGSM. In the last year, CGSM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, CGSM does present a nice setup opportunity. Prices have been consolidating lately. 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 26.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.14, 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
25.40
We found 1 important support area.
- A support zone ranging from 25.66 to 26.14. 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 26.21 to 26.32. 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 CGSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGSM is up. |
| ChartMill Relative Strength | 38.88 | NEUTRAL | CGSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CGSM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.02 | NEUTRAL | The RSI value for CGSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGSM has a negative trend. |
| Stochastics (14,3) | 76.03 | NEUTRAL | The Stochastics value for CGSM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for CGSM suggests low volalility. |
| Average Directional Index/ADX (14) | 40.78 | POSITIVE | The high ADX value value for CGSM suggests a strong trend. |
NYSEARCA:CGSM (7/22/2025, 1:42:52 PM)
26.155
+0.02 (+0.06%)