INVESCO HI INC 2023 TRGT TRM (IHIT) Technical Analysis
NYSE:IHIT • US46135X1081
Current stock price
IHIT Technical Rating and Analysis
Overall IHIT gets a technical rating of 2 out of 10. In the past year, IHIT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, IHIT is a bad performer in the overall market: 75% of all stocks are doing better.
- IHIT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IHIT is lagging the market.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month IHIT has a been trading in a tight range between 6.84 and 6.93.
- Considerably lower volume is observed in the last couple of days.
IHIT Weekly and Daily overview Charts
IHIT Setup Rating and Analysis
IHIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.91, a Stop Loss order could be placed below this zone.
More info and screens
IHIT Support and Resistance Analysis
6.57
2 important support areas can be observed.
- A support zone ranging from 6.87 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.64 to 6.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.94 to 7.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.39 to 7.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
IHIT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IHIT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IHIT is up. |
| ChartMill Relative Strength | 25.05 | NEGATIVE | IHIT has a low relative strength, it was outperformed by 74.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IHIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IHIT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IHIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for IHIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IHIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.8 | NEUTRAL | The Stochastics value for IHIT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for IHIT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for IHIT suggests a weak or negative trend. |
IHIT Chart- and CandleStick Pattern Analysis
IHIT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:IHIT (11/27/2023, 8:13:15 PM)
6.92
-0.01 (-0.22%)
INVESCO HI INC 2023 TRGT TRM / IHIT TA FAQ
Can you provide the ChartMill technical rating for INVESCO HI INC 2023 TRGT TRM?
ChartMill assigns a technical rating of 2 / 10 to IHIT.
Can you provide the trend direction for INVESCO HI INC 2023 TRGT TRM?
The current trend direction for INVESCO HI INC 2023 TRGT TRM (IHIT) is Bearish.
What is the RSI signal for INVESCO HI INC 2023 TRGT TRM (IHIT) stock?
INVESCO HI INC 2023 TRGT TRM (IHIT) has an RSI value of 54.1704. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO HI INC 2023 TRGT TRM (IHIT) stock?
The MACD indicator for INVESCO HI INC 2023 TRGT TRM (IHIT) has a value of 0.00598104, indicating a bearish trend.
Can you provide the support and resistance levels for INVESCO HI INC 2023 TRGT TRM?
INVESCO HI INC 2023 TRGT TRM (IHIT) has a support level at 6.91 and a resistance level at 6.94. Check the full technical report for our detailed analysis of IHIT support and resistance levels.