INVITATION HOMES INC (INVH) Technical Analysis
NYSE:INVH • US46187W1071
Current stock price
INVH Technical Rating and Analysis
Taking everything into account, INVH scores 4 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. INVH was also a bad performer in the overall market in the last year.
- 80% of all other stocks performed better in the past year 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- INVH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- INVH has an average volume of 6486360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INVH is part of the Residential REITs industry. There are 20 other stocks in this industry, INVH did better than 42% of them.
INVH Weekly and Daily overview Charts
INVH Setup Rating and Analysis
Although the technical rating is only medium, INVH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.14. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for INVH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
INVH Support and Resistance Analysis
24.15
We found 2 important support areas.
- A support zone ranging from 25.85 to 26.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.39 to 24.39. 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 27.14 to 27.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.94 to 28.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @33.07 from a trend line in the weekly time frame.
- Resistance @36.04 from a horizontal line in the weekly time frame.
INVH Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for INVH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INVH is up. |
| ChartMill Relative Strength | 20.15 | NEGATIVE | INVH has a low relative strength, it was outperformed by 79.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INVH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INVH is above 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) | 62.11 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests INVH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.46 | OVERBOUGHT | The high Stochastics value suggests INVH may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for INVH suggests low volalility. |
| Average Directional Index/ADX (14) | 25.13 | POSITIVE | The high ADX value value for INVH suggests a strong trend. |
INVH Chart- and CandleStick Pattern Analysis
INVH Technicals: Chart, Performance Metrics, Trend & Indicators
27.13
-0.17 (-0.62%)
INVITATION HOMES INC / INVH TA FAQ
What is the ChartMill technical rating of INVITATION HOMES INC (INVH) stock?
ChartMill assigns a technical rating of 4 / 10 to INVH.
What is the current trend direction of INVITATION HOMES INC (INVH) stock?
The current trend direction for INVITATION HOMES INC (INVH) is Bearish.
What is the RSI signal for INVITATION HOMES INC (INVH) stock?
INVITATION HOMES INC (INVH) has an RSI value of 62.1147. This indicates that the stock is currently neutral.
What is the MACD signal for INVH stock?
The MACD indicator for INVITATION HOMES INC (INVH) has a value of 0.147242, indicating a bearish trend.
What is the short term momentum for INVH stock?
The short term momentum for INVITATION HOMES INC (INVH) is positive.