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Mutual Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
INVESCO AMT-FREE MUNICIPAL INCOME FUND CLASS Y (NASDAQ:OMFYX)
Bull Market Weakness (+75) - OMFYX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMFYX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMFYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMFYX.
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 OMFYX
The long-term trend has been DOWN since Apr 2nd, 2024 at 6.87
The intermediate-term trend has been UP since May 7th, 2024 at 6.85
The short-term trend has been UP since May 2nd, 2024 at 6.80
Smart Scan Analysis for OMFYX
Based on our trend formula, OMFYX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.85 | 6.85 | 6.85 | 6.88 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.87 | 0 | 6.87 | 6.87 | 2024-05-07 20:00:00 |
| 52wk High | 6.98 | 52wk High Date | 2024-02-01 |
| 52wk Low | 6.33 | 52wk Low Date | 2023-10-30 |
| Year End Close | 6.97 | Payment Date | 2013-07-23 |