VMO:NYSEInvesco Municipal Opportunity Trust Analysis

The moving-average structure behind Invesco Municipal Opportunity Trust is neutral at $9.68, with no clear ordering between short and long averages. The last 30 days have lost 1.5%. RSI sits at 45.1, which reads as neutral, and MACD momentum is bearish. Price has been bracketed by support at $9.64 and resistance at $9.92.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 9.4%, a beta of 0.24 and a maximum drawdown of 7.2%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.