INVITATION HOMES INC (INVH) Stock Technical Analysis
USA - NYSE:INVH - US46187W1071 - REIT
29.64 USD
+0.11 (+0.37%)
29.64 USD
0 (0%)
Overall INVH gets a technical rating of 0 out of 10. INVH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, INVH is a bad performer in the overall market: 88% of all stocks are doing better.
INVH is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 89% are performing better than INVH.
INVH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month INVH has a been trading in the 29.38 - 31.38 range, which is quite wide. It is currently trading near the lows of this range.
INVH has an average volume of 3673710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, INVH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 29.63, a Stop Loss order could be placed below this zone.
More info and screens
29.23
36.40
When analyzing the support we notice one important area.
- A support zone ranging from 29.53 to 29.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 30.06 to 30.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.92 to 31.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.53 to 34.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.04 from a horizontal line in the weekly time frame.
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 INVH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INVH is down. |
| ChartMill Relative Strength | 12.92 | NEGATIVE | INVH has a low relative strength, it was outperformed by 87.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INVH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INVH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INVH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests INVH has a negative trend. |
| Stochastics (14,3) | 6.82 | OVERSOLD | The low Stochastics value suggests INVH may be oversold. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for INVH suggests low volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for INVH suggests a weak or negative trend. |
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)
29.64
+0.11 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.37%
1 Week-1.23%
2 Weeks-1.95%
1 Month-2.82%
3 Month-12.13%
6 Month-12.49%
12 Month-17.76%
2 Year-6.47%
3 Year-12.23%
5 Year5.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%1.85%
ATR Inc-5.53%
Range Today0.64
ADR(20)0.53
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.92
Mansfield-1.84
10 Day High30.71
10 Day Low29.38
20 Day High31.38
20 Day Low29.38
52 Week High36.75
52 Week Low29.37
CS1 End29.63
CR1 Start30.06
Volume & EV
DER(3)-1.12%
DER(5)1.08%
Volume6.40M
Volume Incr33.6%
Vol(5)4.73M
Vol(50)3.67M