INVITATION HOMES INC (INVH) Stock Technical Analysis
USA - NYSE:INVH - US46187W1071 - REIT
We assign a technical rating of 0 out of 10 to INVH. 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.
Although the technical rating is bad, INVH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 27.94, 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 27.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 28.32 to 29.17. 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.
- Resistance @31.29 from a horizontal line in the weekly time frame.
- 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 | 20.48 | NEGATIVE | INVH has a low relative strength, it was outperformed by 79.52% 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) | 46.79 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests INVH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.95 | NEUTRAL | The Stochastics value for INVH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for INVH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for INVH suggests a weak or negative trend. |
28.26
-0.65 (-2.25%)
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.
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 46.7933. 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 0.0653716, 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 27.94 and a resistance level at 28.32. Check the full technical report for our detailed analysis of INVH support and resistance levels.