Mutual Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
INVESCO OPPENHEIMER ROCHESTER AMT-FREE MUNICIPAL FUND CLASS A (NASDAQ:OPTAX)
Countertrend Up (+85) - OPTAX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OPTAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for OPTAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OPTAX
The long-term trend has been UP since Feb 5th, 2019 at 7.06
The intermediate-term trend has been UP since Dec 3rd, 2019 at 7.56
The short-term trend has been UP since Feb 10th, 2020 at 7.75
Smart Scan Analysis for OPTAX
Based on our trend formula, OPTAX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.83||52wk High Date||2020-02-18|
|52wk Low||7.12||52wk Low Date||2019-02-21|
|Year End Close||7.61||Payment Date||2013-07-23|