Mutual Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
INVESCO CALIFORNIA MUNICIPAL FUND CLASS R6 (NASDAQ:IORCX)
Sidelines Mode (-55) - IORCX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IORCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IORCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IORCX
The long-term trend has been DOWN since Mar 2nd, 2023 at 7.92
The intermediate-term trend has been DOWN since Apr 18th, 2023 at 8.07
The short-term trend has been UP since May 30th, 2023 at 7.92
Smart Scan Analysis for IORCX
Based on our trend formula, IORCX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.34||52wk High Date||2022-08-02|
|52wk Low||7.4||52wk Low Date||2022-10-25|
|Year End Close||7.92|