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Mutual Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
INVESCO STEELPATH MLP SELECT 40 FUND CLASS A (NASDAQ:MLPFX)
Long-Term Uptrend (+90) - MLPFX is in a strong uptrend that is likely to continue. While MLPFX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MLPFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLPFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLPFX
The long-term trend has been UP since Jul 3rd, 2023 at 6.54
The intermediate-term trend has been UP since Oct 16th, 2023 at 6.99
The short-term trend has been UP since Nov 13th, 2023 at 6.98
Smart Scan Analysis for MLPFX
Based on our trend formula, MLPFX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.27 | 7.27 | 7.27 | 7.22 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.29 | 0 | 7.31 | 7.74 | 2023-12-01 20:00:00 |
| 52wk High | 7.31 | 52wk High Date | 2023-12-01 |
| 52wk Low | 6.1 | 52wk Low Date | 2023-03-23 |
| Year End Close | 6.33 | Payment Date | 2023-09-06 |