Mutual Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
INVESCO INTERMEDIATE BOND FACTOR FUND CLASS R5 (NASDAQ:IOTEX)
Sidelines Mode (-55) - IOTEX 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 IOTEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for IOTEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IOTEX
The long-term trend has been DOWN since Oct 5th, 2021 at 10.92
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 10.86
The short-term trend has been UP since Nov 26th, 2021 at 10.84
Smart Scan Analysis for IOTEX
Based on our trend formula, IOTEX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.55||52wk High Date||2020-12-10|
|52wk Low||10.74||52wk Low Date||2021-03-18|
|Year End Close||11.18|