INVESCO HI INC 2024 TRGT TRM (IHTA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IHTA - US46136K1051
We assign a technical rating of 4 out of 10 to IHTA. In the last year, IHTA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
IHTA has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.45 to 7.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.58 to 7.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for IHTA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IHTA is down. |
| ChartMill Relative Strength | 47.71 | NEUTRAL | IHTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IHTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IHTA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IHTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.55 | NEUTRAL | The RSI value for IHTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IHTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.84 | OVERSOLD | The low Stochastics value suggests IHTA may be oversold. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for IHTA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.53 | POSITIVE | The high ADX value value for IHTA suggests a strong trend. |
NYSE:IHTA (11/25/2024, 7:53:52 PM)
7.54
0 (0%)
INVESCO HI INC 2024 TRGT TRM / IHTA FAQ
Can you provide the ChartMill technical rating for INVESCO HI INC 2024 TRGT TRM?
ChartMill assigns a technical rating of 4 / 10 to IHTA.
What is the current trend direction of INVESCO HI INC 2024 TRGT TRM (IHTA) stock?
The current trend direction for INVESCO HI INC 2024 TRGT TRM (IHTA) is Bullish.
What is the RSI signal for INVESCO HI INC 2024 TRGT TRM (IHTA) stock?
INVESCO HI INC 2024 TRGT TRM (IHTA) has an RSI value of 34.5531. This indicates that the stock is currently neutral.
What is the short term momentum for IHTA stock?
The short term momentum for INVESCO HI INC 2024 TRGT TRM (IHTA) is negative.
What are the support and resistance levels for INVESCO HI INC 2024 TRGT TRM (IHTA) stock?
INVESCO HI INC 2024 TRGT TRM (IHTA) has a support level at 7.47 and a resistance level at 7.58. Check the full technical report for our detailed analysis of IHTA support and resistance levels.