INVESCO MUNICIPAL OPPORT (VMO) Technical Analysis
NYSE:VMO • US46132C1071
Current stock price
VMO Technical Rating and Analysis
Taking everything into account, VMO scores 3 out of 10 in our technical rating. In the last year, VMO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, VMO outperforms 49% of them, which is more or less in line with the market.
- VMO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VMO is lagging the market slightly.
- In the last month VMO has a been trading in a tight range between 9.70 and 10.10.
- Considerably lower volume is observed in the last couple of days.
VMO Weekly and Daily overview Charts
VMO Setup Rating and Analysis
The technical rating of VMO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
VMO Support and Resistance Analysis
8.80
We found 2 important support areas.
- A support zone ranging from 9.54 to 9.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 8.89 to 8.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.78 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.27 from a horizontal line in the weekly time frame.
VMO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for VMO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VMO is down. |
| ChartMill Relative Strength | 49.62 | NEUTRAL | VMO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VMO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.95 | NEUTRAL | The RSI value for VMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests VMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.19 | OVERSOLD | The low Stochastics value suggests VMO may be oversold. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for VMO suggests low volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for VMO suggests a strong trend. |
VMO Chart- and CandleStick Pattern Analysis
VMO Technicals: Chart, Performance Metrics, Trend & Indicators
9.615
-0.1 (-0.98%)
INVESCO MUNICIPAL OPPORT / VMO TA FAQ
Can you provide the ChartMill technical rating for INVESCO MUNICIPAL OPPORT?
ChartMill assigns a technical rating of 3 / 10 to VMO.
What is the current trend direction of INVESCO MUNICIPAL OPPORT (VMO) stock?
The current trend direction for INVESCO MUNICIPAL OPPORT (VMO) is Bullish.
Can you provide the RSI signal for INVESCO MUNICIPAL OPPORT?
INVESCO MUNICIPAL OPPORT (VMO) has an RSI value of 33.9529. This indicates that the stock is currently neutral.
What is the short term momentum for VMO stock?
The short term momentum for INVESCO MUNICIPAL OPPORT (VMO) is negative.
What is the support and resistance level for VMO stock?
INVESCO MUNICIPAL OPPORT (VMO) has a support level at 9.57 and a resistance level at 9.78. Check the full technical report for our detailed analysis of VMO support and resistance levels.