Mutual Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
INVESCO DEVELOPING MARKETS FUND CLASS A (NASDAQ:GTDDX)
Bull Market Weakness (+75) - GTDDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GTDDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GTDDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTDDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GTDDX
The long-term trend has been DOWN since Feb 25th, 2020 at 36.75
The intermediate-term trend has been UP since Apr 8th, 2020 at 29.74
The short-term trend has been UP since May 26th, 2020 at 32.12
Smart Scan Analysis for GTDDX
Based on our trend formula, GTDDX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||39.8||52wk High Date||2020-01-17|
|52wk Low||26.24||52wk Low Date||2020-03-23|
|Year End Close||38.55||Shares Outstanding||36,417|