Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Invesco Quality Municipal Income Trust (NYSE:IQI)
Long-Term Downtrend (-90) - IQI is in a strong downtrend that is likely to continue. While IQI 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 IQI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IQI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IQI
The long-term trend has been DOWN since Mar 2nd, 2023 at 9.390
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 9.475
The short-term trend has been DOWN since Sep 21st, 2023 at 8.780
Smart Scan Analysis for IQI
Based on our trend formula, IQI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.2900 | 8.3550 | 8.2800 | 8.3501 | +0.0101 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.3200 | 141450 | 2023-10-03 15:59:51 |
| Year High | 12.54 | Year High Date | 2018-01-03 |
| Year Low | 11.03 | Year Low Date | 2018-10-30 |
| 52wk High | 10.38 | 52wk High Date | 2023-01-23 |
| 52wk Low | 8.32 | 52wk Low Date | 2023-10-02 |
| Year End Close | 13.7 | Average Volume | 137,463 |
| Shares Outstanding | 28,867 | % Institutional | 83.8 |
| Market Cap | 675M | Assets | 7,546M |
| Liabilities | 73.9M | Beta | 1.72 |
| Volatility | 7.94 |