REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how VCV has been trading over the last 2 weeks and the past day especially. On its latest session, Invesco California Value Municipal Income Trust ($VCV) opened at 12.5, reaching a high of 12.52 and a low of 12.4924 before closing at a price of 12.51. There was a total volume of 86460.
VOLUME INDICATORS FOR INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST ($VCV): We saw an accumulation-distribution index of 41.66, an on-balance volume of -12.51, chaikin money flow of 1.76 and a force index of -0.00127. There was an ease of movement rating of 0.00019, a volume-price trend of -0.34189 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST ($VCV): We noted an average true range of 0.07089, bolinger bands of 12.51288, an upper bollinger band of 12.44952, lower bollinger band of 12.4924, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 12.50413, high band keltner channel of 12.48413, low band keltner channel of 12.52413, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 12.4924, a donchian channel low band of 12.4924, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST ($VCV): We calculated a Moving Average Convergence Divergence (MACD) of -0.0005, a MACD signal of -0.00028, a MACD difference of -0.00022, a fast Exponential Moving Average (EMA) indicator of 12.4924, a slow Exponential Moving Average (EMA) indicator of 12.4924, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.26451, a trix of -1.99086, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.35038, a KST Oscillator (KST) of -27.28241 and a KST Oscillator (KST Signal) of -27.28241 (leaving a KST difference of -0.43604). We also found an Ichimoku rating of 12.51, an Ichimoku B rating of 12.51, a Ichimoku visual trend A of 12.87914, an Ichimoku visual trend B of 12.80005, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST ($VCV): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 19.95172, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -8.55066, a stochastic oscillator of 138.0, a stochastic oscillator signal of 138.0, a Williams %R rating of 38.0 and an awesome oscillator of -0.0015.
RETURNS FOR INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST ($VCV): There was a daily return of -2.72824, a daily log return of -0.17947 and a cumulative return of -0.17931.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Invesco California Value Municipal Income Trust ($VCV)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Invesco California Value Municipal Income Trust ($VCV) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.