INDEPENDENCE REALTY TRUST IN (IRT) Stock Technical Analysis
USA - NYSE:IRT - US45378A1060 - REIT
15.93 USD
+0.16 (+1.01%)
15.93 USD
0 (0%)
Overall IRT gets a technical rating of 0 out of 10. IRT'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than IRT.
IRT is one of the lesser performing stocks in the Residential REITs industry. 68% of 20 stocks in the same industry do better.
IRT 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.
In the last month IRT has a been trading in the 15.06 - 16.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IRT has an average volume of 2835070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
IRT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
15.76
18.78
We found 1 important support area.
- Support @15.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 15.98 to 16.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.71 to 16.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.88 to 18.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.59 from a horizontal line in the daily 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 IRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRT is down. |
| ChartMill Relative Strength | 17.87 | NEGATIVE | IRT has a low relative strength, it was outperformed by 82.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.21 | NEUTRAL | The RSI value for IRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.55 | NEUTRAL | The Stochastics value for IRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for IRT suggests some volalility. |
| Average Directional Index/ADX (14) | 33.2 | POSITIVE | The high ADX value value for IRT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
15.93
+0.16 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.01%
1 Week-2.03%
2 Weeks-0.62%
1 Month-2.33%
3 Month-4.95%
6 Month-18.89%
12 Month-16.42%
2 Year28.57%
3 Year-4.95%
5 Year31.11%
10 Year103.19%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.21%
ATR Inc72.27%
Range Today0.43
ADR(20)0.34
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.87
3 months CRS19.75
6 months CRS11.02
Mansfield-2.54
10 Day High16.47
10 Day Low15.07
20 Day High16.47
20 Day Low15.07
52 Week High22.26
52 Week Low15.07
CS1 End15.92
CR1 Start15.98
Volume & EV
DER(3)2.31%
DER(5)0.35%
Volume7.02M
Volume Incr98.19%
Vol(5)5.30M
Vol(50)2.84M
INDEPENDENCE REALTY TRUST IN / IRT FAQ
What is the technical rating for IRT stock?
ChartMill assigns a technical rating of 0 / 10 to IRT.
Can you provide the trend direction for INDEPENDENCE REALTY TRUST IN?
The current trend direction for INDEPENDENCE REALTY TRUST IN (IRT) is Bearish.
Can you provide the RSI signal for INDEPENDENCE REALTY TRUST IN?
INDEPENDENCE REALTY TRUST IN (IRT) has an RSI value of 44.2096. This indicates that the stock is currently neutral.
What is the MACD signal for IRT stock?
The MACD indicator for INDEPENDENCE REALTY TRUST IN (IRT) has a value of -0.00981662, indicating a bearish trend.
What is the buy/sell signal for INDEPENDENCE REALTY TRUST IN (IRT) stock?
The buy/sell signal for INDEPENDENCE REALTY TRUST IN (IRT) is sell as both the short term and long term trends are negative.