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Mutual Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
INVESCO BALANCED-RISK COMMODITY STRATEGY FUND CLASS R5 (NASDAQ:BRCNX)
Sidelines Mode (+55) - BRCNX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BRCNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRCNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BRCNX
The long-term trend has been UP since Apr 1st, 2024 at 6.94
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 7.06
The short-term trend has been UP since May 6th, 2024 at 6.94
Smart Scan Analysis for BRCNX
Based on our trend formula, BRCNX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.94 | 6.94 | 6.94 | 7.02 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.94 | 0 | 7.00 | 7.00 | 2024-05-06 20:00:00 |
| 52wk High | 7.25 | 52wk High Date | 2023-09-14 |
| 52wk Low | 6.44 | 52wk Low Date | 2024-01-10 |
| Year End Close | 6.54 | Payment Date | 2019-12-13 |