Mutual Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
INVESCO AMT-FREE MUNICIPAL INCOME FUND CLASS Y (NASDAQ:OMFYX)
Bear Market Rally (-75) - OMFYX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMFYX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OMFYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMFYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMFYX
The long-term trend has been DOWN since Sep 22nd, 2021 at 7.93
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 6.88
The short-term trend has been UP since Jun 17th, 2022 at 6.79
Smart Scan Analysis for OMFYX
Based on our trend formula, OMFYX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.03||52wk High Date||2021-07-20|
|52wk Low||6.78||52wk Low Date||2022-06-16|
|Year End Close||7.89||Payment Date||2013-07-23|