INVITATION HOMES INC (INVH) Stock Technical Analysis
USA - NYSE:INVH - US46187W1071 - REIT
Overall INVH gets a technical rating of 1 out of 10. INVH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
INVH 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 resistance zone just above the current price starting at 28.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.42, a Stop Loss order could be placed below this zone.
More info and screens
27.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.94 to 28.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.47 from a horizontal line in the daily time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 28.69 to 29.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 31.29 to 31.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.89 from a horizontal line in the daily time frame.
- Resistance @34.15 from a trend line in the weekly time frame.
- Resistance @34.85 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for INVH is neutral. |
| ChartMill Relative Strength | 20.39 | NEGATIVE | INVH has a low relative strength, it was outperformed by 79.61% 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 | 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) | 51.68 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests INVH has a positive trend. |
| Stochastics (14,3) | 50.3 | NEUTRAL | The Stochastics value for INVH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for INVH suggests low volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for INVH suggests a weak or negative trend. |
28.64
+0.6 (+2.14%)
INVITATION HOMES INC / INVH FAQ
What is the ChartMill technical rating of INVITATION HOMES INC (INVH) stock?
ChartMill assigns a technical rating of 1 / 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 51.6772. 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 0.0408337, indicating a bearish trend.
What are the support and resistance levels for INVITATION HOMES INC (INVH) stock?
INVITATION HOMES INC (INVH) has a support level at 28.42 and a resistance level at 28.69. Check the full technical report for our detailed analysis of INVH support and resistance levels.