ISHARES CALIFORNIA MUNI BOND (CMF) Technical Analysis
NYSEARCA:CMF • US4642883569
Current stock price
CMF Technical Rating and Analysis
Overall CMF gets a technical rating of 0 out of 10. CMF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 65% of all other stocks performed better in the past year than CMF.
- CMF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMF is lagging the market slightly.
- In the last month CMF has a been trading in a tight range between 56.45 and 57.77.
- Volume is considerably higher in the last couple of days.
CMF Weekly and Daily overview Charts
CMF Setup Rating and Analysis
Although the technical rating is bad, CMF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMF 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
CMF Support and Resistance Analysis
53.96
2 important support areas can be observed.
- A support zone ranging from 56.77 to 56.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.51 to 55.16. 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 57.13 to 58.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CMF Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CMF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMF is down. |
| ChartMill Relative Strength | 35.85 | NEUTRAL | CMF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.93 | NEUTRAL | The RSI value for CMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CMF has a positive trend. |
| Stochastics (14,3) | 39.16 | NEUTRAL | The Stochastics value for CMF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for CMF suggests low volalility. |
| Average Directional Index/ADX (14) | 45.43 | POSITIVE | The high ADX value value for CMF suggests a strong trend. |
CMF Chart- and CandleStick Pattern Analysis
CMF Technicals: Chart, Performance Metrics, Trend & Indicators
56.963
+0.08 (+0.15%)
ISHARES CALIFORNIA MUNI BOND / CMF TA FAQ
Can you provide the ChartMill technical rating for ISHARES CALIFORNIA MUNI BOND?
ChartMill assigns a technical rating of 0 / 10 to CMF.
What is the trend direction for CMF stock?
The current trend direction for ISHARES CALIFORNIA MUNI BOND (CMF) is Bearish.
What is the RSI signal for ISHARES CALIFORNIA MUNI BOND (CMF) stock?
ISHARES CALIFORNIA MUNI BOND (CMF) has an RSI value of 41.929. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES CALIFORNIA MUNI BOND?
The MACD indicator for ISHARES CALIFORNIA MUNI BOND (CMF) has a value of 0.00257572, indicating a bearish trend.
What is the short term momentum for ISHARES CALIFORNIA MUNI BOND (CMF) stock?
The short term momentum for ISHARES CALIFORNIA MUNI BOND (CMF) is negative.