INVESCO MORTGAGE CAPITAL (IVR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IVR - US46131B7047 - REIT
Overall IVR gets a technical rating of 8 out of 10. Although IVR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- IVR is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 94% of 68 stocks in the same industry.
- IVR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IVR is lagging the market slightly.
- IVR has an average volume of 2022100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that IVR is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month IVR has a been trading in the 8.26 - 9.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although IVR has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
7.11
6 important support areas can be observed.
- A support zone ranging from 8.75 to 8.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.35 to 8.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.06 from a horizontal line in the daily time frame.
- Support @7.67 from a trend line in the weekly time frame.
- Strong support @7.33 from a horizontal line in the daily time frame.
- Strong support @7.18 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.42 to 9.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for IVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVR is up. |
| ChartMill Relative Strength | 78.46 | POSITIVE | IVR has a high relative strength, it outperformed 78.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.94 | NEUTRAL | The RSI value for IVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.09 | NEUTRAL | The Stochastics value for IVR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for IVR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for IVR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.05 | 8.74 | 0.31 (3.41%) | 25.00% |
| An entry @9.05. This is a Buy Stop order right above the 10 day moving average. | An exit @8.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.31 points, which is 3.41%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IVR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.99
-0.03 (-0.33%)
INVESCO MORTGAGE CAPITAL / IVR FAQ
What is the technical rating for IVR stock?
ChartMill assigns a technical rating of 8 / 10 to IVR.
Can you provide the trend direction for INVESCO MORTGAGE CAPITAL?
The current trend direction for INVESCO MORTGAGE CAPITAL (IVR) is Bullish.
What is the RSI signal for IVR stock?
INVESCO MORTGAGE CAPITAL (IVR) has an RSI value of 59.9365. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO MORTGAGE CAPITAL (IVR) stock?
The MACD indicator for INVESCO MORTGAGE CAPITAL (IVR) has a value of 0.00871165, indicating a bearish trend.
Can you provide the support and resistance levels for INVESCO MORTGAGE CAPITAL?
INVESCO MORTGAGE CAPITAL (IVR) has a support level at 8.76 and a resistance level at 9.42. Check the full technical report for our detailed analysis of IVR support and resistance levels.