INVITATION HOMES INC (INVH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:INVH - US46187W1071 - REIT
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, INVH is a bad performer in the overall market: 80% of all stocks are doing better.
- INVH is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 78% are performing better than INVH.
- INVH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month INVH has a been trading in the 25.29 - 28.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- INVH has an average volume of 5988620 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. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.35, a Stop Loss order could be placed below this zone.
More info and screens
25.83
When analyzing the support we notice one important area.
- A support zone ranging from 26.09 to 26.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 27.04 to 28.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.91 to 28.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @33.64 from a trend line in the weekly time frame.
- 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 | 20.94 | NEGATIVE | INVH has a low relative strength, it was outperformed by 79.06% 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) | 45.6 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INVH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.45 | NEUTRAL | The Stochastics value for INVH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for INVH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for INVH suggests a weak or negative trend. |
26.77
-0.13 (-0.48%)
INVITATION HOMES INC / INVH FAQ
What is the ChartMill technical rating of INVITATION HOMES INC (INVH) stock?
ChartMill assigns a technical rating of 0 / 10 to INVH.
Can you provide the trend direction for INVITATION HOMES INC?
The current trend direction for INVITATION HOMES INC (INVH) is Bearish.
Can you provide the RSI signal for INVITATION HOMES INC?
INVITATION HOMES INC (INVH) has an RSI value of 45.5951. This indicates that the stock is currently neutral.
What is the short term momentum for INVITATION HOMES INC (INVH) stock?
The short term momentum for INVITATION HOMES INC (INVH) is negative.
What is the buy/sell signal for INVH stock?
The buy/sell signal for INVITATION HOMES INC (INVH) is sell as both the short term and long term trends are negative.