INVITATION HOMES INC (INVH) Stock Technical Analysis
NYSE:INVH • US46187W1071
Taking everything into account, INVH scores 0 out of 10 in our technical rating. 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: 82% 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 near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- INVH has an average volume of 6767840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month INVH has a been trading in the 25.21 - 27.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 26.81. Right above this resistance zone may be a good entry point.
More info and screens
25.89
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 26.81 to 26.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.72 to 28.20. This zone is formed by a combination of multiple trend lines 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 @33.40 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 | 18.58 | NEGATIVE | INVH has a low relative strength, it was outperformed by 81.42% 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) | 46.47 | NEUTRAL | The RSI value for INVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests INVH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.4 | NEUTRAL | The Stochastics value for INVH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for INVH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for INVH suggests a weak or negative trend. |
26.15
-0.19 (-0.72%)
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 46.4703. 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.