INVESCO MORTGAGE CAPITAL (IVR) Stock Technical Analysis
NYSE:IVR - New York Stock Exchange, Inc. - US46131B7047 - REIT - Currency: USD
Overall IVR gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. IVR was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, IVR is a bad performer in the overall market: 83% of all stocks are doing better.
IVR is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 76% of 65 stocks in the same industry do better.
In the last month IVR has a been trading in the 7.13 - 7.84 range, which is quite wide. It is currently trading near the high of this range.
IVR has an average volume of 1440350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IVR 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 IVR is lagging the market slightly.
IVR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 7.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.44
9.49
We found 2 important support areas.
- A support zone ranging from 7.18 to 7.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 7.63 to 7.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.21 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.48 to 8.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.81 from a horizontal line in the daily time frame.
- Resistance @9.40 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 IVR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVR is neutral. |
| ChartMill Relative Strength | 17.93 | NEGATIVE | IVR has a low relative strength, it was outperformed by 82.07% 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) | DOWN | NEGATIVE | The current price of IVR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.44 | NEUTRAL | The RSI value for IVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IVR has a negative trend. |
| Stochastics (14,3) | 56.14 | NEUTRAL | The Stochastics value for IVR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IVR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.47 | NEGATIVE | The low ADX value for IVR suggests a weak or negative 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)
7.61
-0.01 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.13%
1 Week-2.19%
2 Weeks1.06%
1 Month3.4%
3 Month-12.33%
6 Month-9.08%
12 Month-17.91%
2 Year-33.65%
3 Year-48.16%
5 Year-79.65%
10 Year-93.82%
15 Year-95.57%
Volatility
ATR(14)0.15
ATR(20)%2.1%
ATR Inc2.36%
Range Today0.1
ADR(20)0.15
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.93
Mansfield-1.19
10 Day High7.84
10 Day Low7.51
20 Day High7.84
20 Day Low7.13
52 Week High9.97
52 Week Low5.86
CS1 End7.34
CR1 Start7.63
Volume & EV
DER(3)-2.79%
DER(5)-1.5%
Volume1.64M
Volume Incr10.89%
Vol(5)1.26M
Vol(50)1.44M