Invesco Municipal Trust (NYSE:VKQ) to Issue Monthly Dividend of $0.06

Marco Green
September 14, 2017

Bollinger Bands are placed over a price chart and consist of a moving average together with upper and lower bands that define pricing "channels". These types of moves typically lead to what is called an "automatic rally". Invesco High Income Trust II has a 1-year low of $13.20 and a 1-year high of $15.25. The Relative Strength Index (RSI) is a very popular momentum indicator used for technical analysis. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.

Stocks of Invesco Trust for Investment Grade Municipals (NYSE:VGM) transacted up 0.29% through out intraday market trading on early Wednesday, reaching $13.65. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend.

Tabuk Cement (3090.SA) shares have experienced bearish momentum as the Average True Range of the shares have trended downward over the past 10 sessions. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. The 14-day ADX sits at 8.71. Many technical chart analysts believe that an ADX reading over 25 would suggest a strong trend. ADX is used to gauge trend strength but not trend direction.

Investors have the option to employ technical indicators when conducting stock research.

Turning to some other technicals, Tabuk Cement (3090.SA)'s Williams Percent Range or 14 day Williams %R presently is at -4.55. ADX calculations are made based on the moving average price range expansion over a specified amount of time. A common look back period is 14 days.

Invesco Van Kampen Municipal Opportunity Trust (the Trust), formerly Invesco Municipal Opportunity Trust is a diversified, closed-end management investment trust. The RSI oscillates on a scale from 0 to 100. A reading between 0 and -20 would indicate an overbought situation. Alternately, if the indicator goes under -80, this may show the stock as being oversold. It is now trading at $13.23 a tad under $13.24, the stock's 50 day moving average and a tad above the 200 day moving average of $13.12. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Moving averages are considered to be lagging indicators meaning that they confirm trends.

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