Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)
Sidelines Mode (+55) - OMFS 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 OMFS?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMFS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMFS
The long-term trend has been DOWN since Sep 22nd, 2023 at 33.5805
The intermediate-term trend has been UP since Nov 14th, 2023 at 34.1068
The short-term trend has been DOWN since Dec 7th, 2023 at 35.6281
Smart Scan Analysis for OMFS
Based on our trend formula, OMFS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||28.7602||Year High Date||2018-08-27|
|Year Low||24.71||Year Low Date||2018-02-09|
|52wk High||38.9535||52wk High Date||2023-02-03|
|52wk Low||31.5899||52wk Low Date||2023-10-27|