RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VMO
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Evaluation of Invesco Municipal Opportunity Trust stock downgraded after the last trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 18, 2024 Loss -0.51% PDF

No changes to the price of Invesco Municipal Opportunity Trust stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0.686% from a day low at $9.67 to a day high of $9.74. The price has fallen in 5 of the last 10 days and is down by -0.51% for this period.

The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.52% during the next 3 months and, with a 90% probability hold a price between $9.73 and $10.06 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

VMO Signals & Forecast

The Invesco Municipal Opportunity Trust stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $9.73. On a fall, the stock will find some support from the long-term average at approximately $9.66. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 11, 2024, and so far it has fallen -0.716%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The stock had a Golden Star Signal on Monday, July 10, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, July 10, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Invesco Municipal Opportunity Trust stock

Invesco Municipal Opportunity Trust finds support from accumulated volume at $9.63 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0664 between high and low, or 0.686%. For the last week the stock has had daily average volatility of 0.580%

Our recommended stop-loss: $9.30 (-4.07%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (VMO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Invesco Municipal Opportunity Trust to open at $9.70, and during the day (based on 14 day Average True Range), to move between $9.63 and $9.77, which gives a possible trading interval of +/-$0.0655 (+/-0.68%) up or down from last closing price. If Invesco Municipal Opportunity Trust takes out the full calculated possible swing range there will be an estimated 1.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.74 (0.41%) than the support at $9.63 (0.72%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Invesco Municipal Opportunity Trust stock A Buy?

Invesco Municipal Opportunity Trust holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.322 Hold/Accumulate Downgraded

Predicted Opening Price for Invesco Municipal Opportunity Trust of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$9.70 ( 0.0392%) $9.70

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VMO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.77 0.724 %
R2 9.74 0.462 %
R1 9.73 0.301 %
Current price: 9.70
Support S1 9.68 -0.222 %
S2 9.66 -0.384 %
S3 9.64 -0.645 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.76 0.619 %
R2 9.75 0.515 %
R1 9.74 0.412 %
Current price 9.70
Support S1 9.63 -0.722%
S2 9.61 -0.93%
S3 9.30 -4.12%

VMO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Mar 28, 2024 $0.0385 0.397%
2 Jan 29, 2024 Feb 15, 2024 Feb 29, 2024 $0.0385 0.401%
3 Jan 02, 2024 Jan 16, 2024 Jan 31, 2024 $0.0340 0.356%
4 Dec 14, 2023 Dec 14, 2023 Dec 14, 2023 $0 0%
5 Nov 01, 2023 Nov 14, 2023 Nov 30, 2023 $0.0340 0.371%

FAQ

What is the symbol for Invesco Municipal Opportunity Trust Stock and on which exchange is it traded?
The symbol for Invesco Municipal Opportunity Trust is VMO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Invesco Municipal Opportunity Trust Stock?
Invesco Municipal Opportunity Trust holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Invesco Municipal Opportunity Trust Stock?
Invesco Municipal Opportunity Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Invesco Municipal Opportunity Trust Stock.

What's the current price of Invesco Municipal Opportunity Trust Stock?
As of the end of day on the 2024-03-27, the price of an Invesco Municipal Opportunity Trust (VMO) share was $9.70.

What is the 52-week high and low for Invesco Municipal Opportunity Trust Stock?
The 52-week high for Invesco Municipal Opportunity Trust Stock is $9.87 and the 52-week low is $7.86.

What is the market capitalization of Invesco Municipal Opportunity Trust Stock?
As of the 2024-03-27, the market capitalization of Invesco Municipal Opportunity Trust is 654.175M.
Click to get the best stock tips daily for free!

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily inves... VMO Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT