Invesco Corporate Income Value ETF (IHYV) Stock Technical Analysis
USA - NYSEARCA:IHYV -
24.835
0 (0%)
25.1
+0.27 (+1.07%)
We assign a technical rating of 3 out of 10 to IHYV. IHYV was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, IHYV is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: IHYV has an average volume of 2444 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
IHYV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IHYV is lagging the market.
In the last month IHYV has a been trading in a tight range between 24.66 and 25.23.
Volume is considerably higher in the last couple of days.
IHYV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.81, a Stop Loss order could be placed below this zone.
More info and screens
23.99
25.45
When analyzing the support we notice one important area.
- A support zone ranging from 24.23 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.84 to 25.20. 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 IHYV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IHYV is down. |
| ChartMill Relative Strength | 39.37 | NEUTRAL | IHYV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IHYV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IHYV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IHYV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.49 | NEUTRAL | The RSI value for IHYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IHYV has a negative trend. |
| Stochastics (14,3) | 55.13 | NEUTRAL | The Stochastics value for IHYV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for IHYV suggests low volalility. |
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)
Invesco Corporate Income Value ETF
NYSEARCA:IHYV (2/14/2020, 8:27:42 PM)
After market: 25.1 +0.27 (+1.07%)24.835
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.26%
2 Weeks0.18%
1 Month-1.43%
3 Month0.33%
6 Month1.85%
12 Month0.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.28%
ATR Inc-59.97%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.37
Mansfield-1.1
10 Day High24.95
10 Day Low24.8
20 Day High25.23
20 Day Low24.66
52 Week High25.23
52 Week Low24.23
CS1 End24.81
CR1 Start24.84
Volume & EV
DER(3)0%
DER(5)0%
Volume22.30K
Volume Incr142.05%
Vol(5)4.64K
Vol(50)2.44K