Mutual Trend Analysis Report
Prepared for you on Wednesday, May 18, 2022.
INVESCO INCOME ALLOCATION FUND CLASS R (NASDAQ:RLIAX)
Bear Market Rally (-75) - RLIAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RLIAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RLIAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLIAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RLIAX
The long-term trend has been DOWN since Sep 28th, 2021 at 11.72
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 11.27
The short-term trend has been UP since May 13th, 2022 at 10.69
Smart Scan Analysis for RLIAX
Based on our trend formula, RLIAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.93||52wk High Date||2021-09-02|
|52wk Low||10.67||52wk Low Date||2022-05-12|
|Year End Close||11.84||Payment Date||2022-01-20|