INVITATION HOMES INC (INVH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:INVH - US46187W1071 - REIT
Overall INVH gets a technical rating of 2 out of 10. In the past year, INVH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of INVH is bad and it also does not present a 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
27.68
When analyzing the resistance we notice 4 important areas.
- 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 @29.69 from a horizontal line in the daily time frame.
- Resistance @33.83 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 | UP | POSITIVE | The short term trend for INVH is up. |
| ChartMill Relative Strength | 27 | NEGATIVE | INVH has a low relative strength, it was outperformed by 73% 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) | 56.94 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests INVH has a positive trend. |
| Stochastics (14,3) | 97.73 | OVERBOUGHT | The high Stochastics value suggests INVH may be overbought. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for INVH suggests low volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for INVH suggests a weak or negative trend. |
27.96
+0.22 (+0.79%)
INVITATION HOMES INC / INVH FAQ
What is the ChartMill technical rating of INVITATION HOMES INC (INVH) stock?
ChartMill assigns a technical rating of 2 / 10 to INVH.
What is the trend direction for INVH stock?
The current trend direction for INVITATION HOMES INC (INVH) is Bearish.
What is the RSI signal for INVH stock?
INVITATION HOMES INC (INVH) has an RSI value of 56.9422. 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 0.155535, indicating a bearish trend.
What are the support and resistance levels for INVITATION HOMES INC (INVH) stock?
INVITATION HOMES INC (INVH) has a resistance level at 28.91. Check the full technical report for our detailed analysis of INVH support and resistance levels.