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Mutual Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

INVESCO S&P 500 INDEX FUND CLASS Y (NASDAQ:SPIDX)

Long-Term Downtrend (-90) - SPIDX is in a strong downtrend that is likely to continue. While SPIDX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPIDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPIDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SPIDX
Open High Low SPIDX Price Change
39.64 39.64 39.64 40.85 +1.21
Entry Signal

MarketClub’s Trade Triangles for SPIDX

long term down The long-term trend has been DOWN since Sep 27th, 2022 at 39.36

intermediate term down The intermediate-term trend has been DOWN since Aug 26th, 2022 at 43.97

short term down The short-term trend has been DOWN since Sep 29th, 2022 at 39.29

Smart Scan Analysis for SPIDX

Based on our trend formula, SPIDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPIDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.64 39.64 39.64 40.85 +1.21
Prev. Close Volume Bid Ask Time
39.64 0 40.85 40.85 2022-10-04 20:00:00
52wk High51.3352wk High Date2021-12-10
52wk Low38.6452wk Low Date2022-09-30
Year End Close50.86Payment Date2019-12-13
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