Stock Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
Invesco Growth Multi-Asset Allocation ETF (BATS:PSMG)
Long-Term Downtrend (-90) - PSMG is in a strong downtrend that is likely to continue. While PSMG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PSMG?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSMG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSMG
The long-term trend has been DOWN since Feb 23rd, 2022 at 17.779
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 17.930
The short-term trend has been DOWN since May 20th, 2022 at 16.720
Smart Scan Analysis for PSMG
Based on our trend formula, PSMG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.48||Year High Date||2018-01-29|
|Year Low||13.29||Year Low Date||2018-10-25|
|52wk High||20.31||52wk High Date||2022-02-02|
|52wk Low||16.45||52wk Low Date||2022-05-12|