Mutual Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
GOLDMAN SACHS MLP ENERGY INFRASTRUCTURE INSTITUTIONAL SHARES (NASDAQ:GMLPX)
Countertrend Down (-85) - GMLPX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GMLPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GMLPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GMLPX
The long-term trend has been DOWN since Jun 16th, 2022 at 26.64
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 28.96
The short-term trend has been UP since Jun 27th, 2022 at 25.21
Smart Scan Analysis for GMLPX
Based on our trend formula, GMLPX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.95||52wk High Date||2022-06-07|
|52wk Low||22.41||52wk Low Date||2021-08-19|
|Year End Close||24.29||Payment Date||2022-02-28|