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Mutual Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

INVESCO STEELPATH MLP ALPHA FUND CLASS R (NASDAQ:SPMGX)

Weak Uptrend (+65) - SPMGX is showing signs of weakening momentum to the upside. Monitor SPMGX as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_SPMGX
Open High Low SPMGX Price Change
7.35 7.35 7.35 7.24 0.00
Entry Signal

MarketClub’s Trade Triangles for SPMGX

long term up The long-term trend has been UP since Jul 3rd, 2023 at 5.80

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 7.16

short term up The short-term trend has been UP since Apr 18th, 2024 at 7.07

Smart Scan Analysis for SPMGX

Based on our trend formula, SPMGX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SPMGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.35 7.35 7.35 7.24 0.00
Prev. Close Volume Bid Ask Time
7.24 0 7.35 7.35 2024-04-26 20:00:00
52wk High7.3852wk High Date2024-04-03
52wk Low5.4952wk Low Date2023-05-31
Year End Close6.3Payment Date2024-05-03
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