Mutual Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
INVESCO MLP FUND CL R5 (NASDAQ:ILPFX)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ILPFX
The long term trend has been UP since Jun 1st, 2018 at 5.78
The intermediate term trend has been DOWN since Jun 21st, 2018 at 5.62
The short term trend has been DOWN since Jun 21st, 2018 at 5.69
Smart Scan Analysis for ILPFX
Based on a pre-defined weighted trend formula for chart analysis, ILPFX scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6.17||52wk High Date||2018-01-23|
|52wk Low||4.92||52wk Low Date||2018-03-28|
|Year End Close||5.64|