INVESCO HI INC 2023 TRGT TRM (IHIT) Stock Technical Analysis
NYSE:IHIT - New York Stock Exchange, Inc. - US46135X1081 - Currency: USD
Taking everything into account, IHIT scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. IHIT was also a bad performer in the overall market in the last year.
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, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 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
6.57
7.59
When analyzing the support we can see 2 important areas.
- 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.
When analyzing the resistance we notice 2 important areas.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.05
Mansfield-1.55
10 Day High6.94
10 Day Low6.89
20 Day High6.94
20 Day Low6.84
52 Week High8.37
52 Week Low6.56
Performance
1 Week0.14%
2 Weeks0.14%
1 Month0.87%
3 Month-5.72%
6 Month-8.83%
12 Month-16.93%
2 Year-30.1%
3 Year-16.63%
5 Year-31.08%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)54.17
LBB6.89
UBB6.93
NYSE:IHIT (11/27/2023, 8:13:15 PM)
6.92
-0.01 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week0.14%
2 Weeks0.14%
1 Month0.87%
3 Month-5.72%
6 Month-8.83%
12 Month-16.93%
2 Year-30.1%
3 Year-16.63%
5 Year-31.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.32%
ATR Inc9.14%
Range Today0.02
ADR(20)0.02
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.05
Mansfield-1.55
10 Day High6.94
10 Day Low6.89
20 Day High6.94
20 Day Low6.84
52 Week High8.37
52 Week Low6.56
CS1 End6.91
CR1 Start6.94
Volume & EV
DER(3)-2.94%
DER(5)-3.78%
Volume105.30K
Volume Incr-67.53%
Vol(5)68.32K
Vol(50)147.53K