INDEPENDENCE REALTY TRUST IN (IRT)

US45378A1060 - REIT

16.33  +0.26 (+1.62%)

After market: 16.16 -0.17 (-1.04%)

Technical Rating and Analysis

7

Taking everything into account, IRT scores 7 out of 10 in our technical rating. Although IRT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
In the last month IRT has a been trading in the 15.27 - 16.75 range, which is quite wide. It is currently trading near the high of this range.
IRT has an average volume of 2124420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, IRT turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
IRT is part of the Residential REITs industry. There are 21 other stocks in this industry, IRT did better than 60% of them.
IRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IRT is lagging the market slightly.
Weekly and Daily overview Charts
IRT Weekly chart
IRT Daily chart
Setup Rating and Analysis

3

Although IRT has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

14.21

17.22

We found 4 important support areas.

  • A support zone ranging from 15.70 to 15.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.41 from a horizontal line in the daily time frame.
  • A support zone ranging from 14.74 to 14.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.35 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @16.34 from a horizontal line in the weekly time frame.
  • Resistance @17.05 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.62
Mansfield-0.63
10 Day High16.47
10 Day Low15.27
20 Day High16.75
20 Day Low15.27
52 Week High18.77
52 Week Low11.61
Performance
1 Week2.96%
2 Weeks4.55%
1 Month6.25%
3 Month9.01%
6 Month19.72%
12 Month-3.6%
2 Year-30.54%
3 Year-4.39%
5 Year48.73%
10 Year79.65%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)60.6
LBB15.38
UBB16.2
IRT Daily chart

INDEPENDENCE REALTY TRUST IN

NYSE:IRT (5/3/2024, 7:04:00 PM)

After market: 16.16 -0.17 (-1.04%)

16.33

+0.26 (+1.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg1.62%
1 Week2.96%
2 Weeks4.55%
1 Month6.25%
3 Month9.01%
6 Month19.72%
12 Month-3.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%2.43%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.47
10 Day Low15.27
20 Day High16.75
20 Day Low15.27
52 Week High18.77
52 Week Low11.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.12M
Volume Incr-9.91%
Vol(5)2.18M
Vol(50)2.12M