Ultimate Oscillator Above 60 on Shares of Invesco Muni Income Trust (OIA)

Vivaldi Capital Management LLC bought a new stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

The Awesome Oscillator (AO), created (and aptly named) by Bill Williams, is an indicator which is able to show what is happening with driving force of the market. The AO is usually planned as a histogram in which bars higher than the preceding bar will be colored green. In terms of moving averages, the 200-day is now at 2.33, the 50-day is 2.12, and the 7-day is resting at 2.14. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". The Williams %R oscillates in a range from 0 to -100.

Taking a deeper look into the technical levels of Eqitx Ltd (EQX.AX), we can see that the Williams Percent Range or 14 day Williams %R now sits at -77.78. ADX is charted as a line with values ranging from 0 to 100. The Williams %R was developed by Larry Williams. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. On the flip side, an RSI near 0 may signal weaker momentum.


The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. In some cases, MA's may be used as strong reference points for spotting support and resistance levels. BlackRock Muni Income Investment Trust has a 52 week low of $13.46 and a 52 week high of $16.44. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. Active investors may choose to use this technical indicator as a stock evaluation tool. Invesco High Income Trust II (NYSE:VLT) has risen 6.49% since November 30, 2016 and is uptrending. Despite the name, CCI can be used on other investment tools such as stocks.

When applying indicators for technical analysis, traders and investors might want to look at the ATR or Average True Range. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Invesco invested in 0% or 41,912 shares. The 50-day is 7.87, and the 7-day is sitting at 7.95. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. BlackRock Muni Income Investment Trust earned a news sentiment score of 0.20 on AlphaOne's scale. This measurement is based on closing prices over a specific period of time. The normal reading of a stock will fall in the range of 30 to 70.

Moving averages can help spot trends and price reversals.

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