Invesco Trust for Investment Grade Municipals (NYSE:VGM) Went Up 0.3%, And Here’s Why

In its most recent trading session, Invesco Trust for Investment Grade Municipals (NYSE:VGM) spiked up by 0.3% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.051, an Accumulation/Distribution Index (ADI) of 0.051, an On-Balance Volume (OBV) of 29.065, and a Chaiikin Money Flow (CMF) of -12.9. 1.0

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

So when putting all the technical indicators together, this is what you get. That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.