Technical Analysis for IQI - Invesco Quality Municipal Income Trust

Grade Last Price % Change Price Change
grade A 12.11 0.25% 0.03
IQI closed up 0.25 percent on Friday, March 22, 2019, on 89 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical IQI trend table...

Date Alert Name Type % Chg
Mar 22 Shooting Star Candlestick Bearish 0.00%
Mar 22 Lizard Bearish Bearish Day Trade Setup 0.00%
Mar 22 New 52 Week Closing High Bullish 0.00%
Mar 22 New 52 Week High Strength 0.00%
Mar 22 Stochastic Reached Overbought Strength 0.00%
Mar 22 Upper Bollinger Band Walk Strength 0.00%
Mar 22 Overbought Stochastic Strength 0.00%
Mar 22 Up 3 Days in a Row Strength 0.00%
Mar 22 Up 4 Days in a Row Strength 0.00%
Mar 22 Up 5 Days in a Row Strength 0.00%

Older signals for IQI ...

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Profile
Invesco Quality Municipal Income Trust operates as a diversified, closed-end management investment company. The trust invests primarily in tax-exempt municipal bonds. It also invests in residual interest bonds, which are inverse floating rate municipal obligations. The trust's investment portfolio primarily includes various sectors that comprise transportation, electric, hospital, pollution control, and water and sewer. Morgan Stanley Investment Advisors, Inc. serves as the investment adviser of the trust. Invesco Quality Municipal Income Trust was founded in 1992 and is based in the New York City.
Bond Transportation Municipal Bond Income Trust Invesco Pollution Control Local Government In The United States
Is IQI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 12.14
52 Week Low 11.03
Average Volume 101,198
200-Day Moving Average 11.6763
50-Day Moving Average 11.8832
20-Day Moving Average 12.0005
10-Day Moving Average 12.023
Average True Range 0.0624
ADX 29.61
+DI 33.5778
-DI 15.8263
Chandelier Exit (Long, 3 ATRs ) 11.9528
Chandelier Exit (Short, 3 ATRs ) 12.0572
Upper Bollinger Band 12.1172
Lower Bollinger Band 11.8838
Percent B (%b) 0.97
BandWidth 1.944919
MACD Line 0.0536
MACD Signal Line 0.0547
MACD Histogram -0.0011
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.17
Resistance 3 (R3) 12.17 12.16 12.16
Resistance 2 (R2) 12.16 12.14 12.16 12.16
Resistance 1 (R1) 12.13 12.13 12.15 12.13 12.15
Pivot Point 12.12 12.12 12.12 12.12 12.12
Support 1 (S1) 12.09 12.10 12.11 12.09 12.07
Support 2 (S2) 12.08 12.09 12.08 12.06
Support 3 (S3) 12.05 12.08 12.06
Support 4 (S4) 12.05