- Bullish trend confirmed on both short and long timeframes
- Lower volatility than the market (beta 0.78)
- Pays a regular dividend of $0.05 per share
Invesco Bulletshares 2029 Municipal Bond ETF downgraded from Buy Candidate to Hold/Accumulate after Tuesday trading session
(Updated on Jun 23, 2026)
The Invesco Bulletshares 2029 Municipal Bond ETF price fell by -0.141% on the last day (Tuesday, 23rd Jun 2026) from $23.10 to $23.07. During the last trading day the ETF fluctuated 0.586% from a day low at $23.03 to a day high of $23.16. The price has fallen in 5 of the last 10 days and is down by -0.09% for this period. Volume has increased on the last day by 30 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 47 thousand shares were bought and sold for approximately $1.09 million.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Invesco Bulletshares 2029 Municipal Bond ETF with a 90% probability to be traded between $22.98 and $23.19 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
BSMT Signals & Forecast
The Invesco Bulletshares 2029 Municipal Bond ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $23.10. On a fall, the ETF will find some support from the long-term average at approximately $23.07. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 18, 2026, and so far it has fallen -0.275%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Invesco Bulletshares 2029 Municipal Bond gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The ETF had a Golden Star Signal on Wednesday, May 27, 2026 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star
The ETF had a Golden Star Signal on Wednesday, May 27, 2026 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for Invesco Bulletshares 2029 Municipal Bond ETF
Invesco Bulletshares 2029 Municipal Bond finds support from accumulated volume at $23.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.135 between high and low, or 0.586%. For the last week the ETF has had daily average volatility of 0.325%.
Our recommended stop-loss: $21.73 (-5.80%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (BSMT) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Invesco Bulletshares 2029 Municipal Bond Etf to open at $23.09, and during the day (based on 14 day Average True Range), to move between $23.04 and $23.10, which gives a possible trading interval of +/-$0.0692 (+/-0.30%) up or down from last closing price. If Invesco Bulletshares 2029 Municipal Bond Etf takes out the full calculated possible swing range there will be an estimated 0.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $23.06 (0.04%) than the resistance at $23.09 (0.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Invesco Bulletshares 2029 Municipal Bond Etf ETF A Buy?
Invesco Bulletshares 2029 Municipal Bond holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.
Current score:
0.308
Hold/Accumulate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 24, 2026 - $23.09 ( 0.0650%).
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BSMT Performance
Trading levels for BSMT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 23.22 | 0.650% |
| R2 | 23.17 | 0.427% |
| R1 | 23.14 | 0.289% |
| Price | 23.07 | |
| S1 | 23.03 | -0.159% |
| S2 | 23.00 | -0.297% |
| S3 | 22.95 | -0.520% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 23.12 | 0.195% |
| R2 | 23.11 | 0.152% |
| R1 | 23.09 | 0.0871% |
| Price | 23.07 | |
| S1 | 23.06 | -0.0433% |
| S2 | 23.05 | -0.0789% |
| S3 | 22.94 | -0.544% |
BSMT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 22, 2026 | Jun 22, 2026 | Jun 26, 2026 | $0.0534 | 0.231% |
| 2 | May 18, 2026 | May 18, 2026 | May 22, 2026 | $0.0545 | 0.237% |
| 3 | Apr 20, 2026 | Apr 20, 2026 | Apr 24, 2026 | $0.0530 | 0.229% |
| 4 | Mar 23, 2026 | Mar 23, 2026 | Mar 27, 2026 | $0.0518 | 0.225% |
| 5 | Feb 23, 2026 | Feb 23, 2026 | Feb 27, 2026 | $0.0500 | 0.214% |
FAQ
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Buy BSMT
A sell signal from a double top formation was found on Thursday, June 18, 2026 and based on theory for this formation the price should fall by -1.03% to $22.83 within 43 trading days (Thursday, August 20, 2026) since signal was issued.