MYMF:NASDAQState Street My2026 Municipal Bond ETF Analysis
Data as of 2026-05-19 - not real-time
$24.81
Latest Price
7/10Risk
Risk Level: Medium
Executive Summary
The ETF is trading near its calculated support of 24.81 and resistance of 24.92, with the 20‑day SMA just under the 50‑day SMA, signaling a modest downtrend.
The MACD histogram is slightly positive while the MACD signal is bullish, yet the overall trend direction remains bearish and volume is decreasing, indicating weakening momentum.
Volatility over the past 30 days is under 1 %, the beta is essentially neutral, but the historical max drawdown of roughly 86 % and an extreme greed index above 89 suggest heightened downside risk.
Liquidity appears constrained given a daily trade volume of only a few dozen shares versus an average three‑month volume in the low thousands, and the fund’s tracking error and expense ratio are negligible, reducing tracking risk.
The MACD histogram is slightly positive while the MACD signal is bullish, yet the overall trend direction remains bearish and volume is decreasing, indicating weakening momentum.
Volatility over the past 30 days is under 1 %, the beta is essentially neutral, but the historical max drawdown of roughly 86 % and an extreme greed index above 89 suggest heightened downside risk.
Liquidity appears constrained given a daily trade volume of only a few dozen shares versus an average three‑month volume in the low thousands, and the fund’s tracking error and expense ratio are negligible, reducing tracking risk.
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 8/10
Key Factors
- Bearish trend direction despite a bullish MACD signal
- Decreasing volume and limited daily liquidity
- Proximity to support/resistance levels suggesting limited upside
Medium Term
1–3 yearsNeutral
Model confidence: 6/10
Key Factors
- Neutral beta and low volatility reducing market risk
- Negligible tracking error and expense ratio
- Extreme greed index indicating potential market enthusiasm
Long Term
> 3 yearsPositive
Model confidence: 5/10
Key Factors
- Municipal bond focus within a target‑maturity category
- State Street fund family offering sector specialization
- Long‑term upside potential if municipal rates stabilize
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.20%
AUM$8.7M
Inception Date2024-09-23
Avg Daily Volume100
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield2.64%
Technical Analysis
TrendBearish
RSI28.3
Support$24.81
Resistance$24.92
MA 20$24.85
MA 50$24.91
MA 200$24.94
MACDBullish
VolumeDecreasing
Fear & Greed Index89.27
Risk Assessment
Beta-0.00
Volatility0.93%
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.