Meyka Pro banner
Capital Group Municipal Income ETF

CGMU Technical Analysis Summary (AMEX)

Analyze CGMU on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CGMUAMEX
Financial ServicesAsset Management
$27.11
$0.03(0.11%)
U.S. Market opens in 4h 22m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CGMU Technical Analysis Summary (AMEX)

Capital Group Municipal Income ETF (AMEX: CGMU) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.59)
Trend Strength:Moderate (ADX: 26.05)
Volatility:Low (ATR: 0.06)
Support/Resistance:$27.01 – $27.21 (Bollinger Bands)

Technical conditions suggest Capital Group Municipal Income ETF on the AMEX is awaiting a decisive move. This mix signals that Capital Group Municipal Income ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.02

Bearish
Momentum remains weak below midpoint.

Williams %R: -67.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.02

Neutral
Price change is minimal.

Takeaway:Capital Group Municipal Income ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.05

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): -55.29

Bearish
Bearish, momentum remains under pressure.

Takeaway:Capital Group Municipal Income ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.21
Middle Band (SMA 20)
$27.11
Lower Band
$27.01
Current Position
Within Bands

Takeaway:Capital Group Municipal Income ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$27.25
Middle Line (EMA 20)
$27.13
Lower Channel
$27.01
Squeeze Status
Squeeze On

Takeaway:Capital Group Municipal Income ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.98M
Money Flow Index54.47Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.42Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CGMU shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Capital Group Municipal Income ETF (AMEX: CGMU), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Capital Group Municipal Income ETF are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: CGMU) Technical Analysis FAQ