USA - New York Stock Exchange - NYSE:IVT - US46124J2015 - REIT
Taking everything into account, IVT scores 2 out of 10 in our technical rating. IVT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, IVT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 27.88, a Stop Loss order could be placed below this zone.
26.32
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for IVT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVT is neutral. |
| ChartMill Relative Strength | 25.93 | NEGATIVE | IVT has a low relative strength, it was outperformed by 74.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IVT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IVT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for IVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for IVT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for IVT suggests low volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for IVT suggests a weak or negative trend. |
28.02
-0.33 (-1.16%)
ChartMill assigns a technical rating of 2 / 10 to IVT.
The current trend direction for INVENTRUST PROPERTIES CORP (IVT) is Bearish.
INVENTRUST PROPERTIES CORP (IVT) has an RSI value of 48.1118. This indicates that the stock is currently neutral.
The MACD indicator for INVENTRUST PROPERTIES CORP (IVT) has a value of 0.0345483, indicating a bearish trend.
INVENTRUST PROPERTIES CORP (IVT) has a support level at 27.88 and a resistance level at 28.03. Check the full technical report for our detailed analysis of IVT support and resistance levels.