Mutual Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
INVESCO OPPENHEIMER STEELPATH MLP INCOME FUND CLASS C (NASDAQ:MLPRX)
Bear Market Rally (-75) - MLPRX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MLPRX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MLPRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLPRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLPRX
The long-term trend has been DOWN since Jun 7th, 2019 at 5.13
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 4.49
The short-term trend has been UP since Apr 7th, 2020 at 1.59
Smart Scan Analysis for MLPRX
Based on our trend formula, MLPRX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.3||52wk High Date||2019-04-12|
|52wk Low||1.31||52wk Low Date||2020-03-18|
|Year End Close||4.54||Payment Date||2020-02-05|