Mutual Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
Invesco SteelPath MLP Alpha Fund Class Y (NASDAQ:MLPOX)
Bull Market Weakness (+75) - MLPOX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLPOX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MLPOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLPOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLPOX
The long-term trend has been UP since Feb 1st, 2022 at 5.45
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 5.91
The short-term trend has been UP since May 23rd, 2022 at 5.90
Smart Scan Analysis for MLPOX
Based on our trend formula, MLPOX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.3||52wk High Date||2022-04-20|
|52wk Low||4.65||52wk Low Date||2021-08-19|
|Year End Close||4.95||Payment Date||2021-05-05|