USA - NYSE:IVT - US46124J2015 - REIT
We assign a technical rating of 1 out of 10 to IVT. IVT'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.
IVT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.44, a Stop Loss order could be placed below this zone.
26.32
When analyzing the support we can see 2 important areas.
We can see 3 important resistance 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 | DOWN | NEGATIVE | The short term trend for IVT is down. |
| ChartMill Relative Strength | 29.84 | NEGATIVE | IVT has a low relative strength, it was outperformed by 70.16% 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) | 40.21 | NEUTRAL | The RSI value for IVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests IVT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.48 | OVERSOLD | The low Stochastics value suggests IVT may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for IVT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.42 | NEGATIVE | The low ADX value for IVT suggests a weak or negative trend. |
27.5
+0.18 (+0.66%)
ChartMill assigns a technical rating of 1 / 10 to IVT.
The current trend direction for INVENTRUST PROPERTIES CORP (IVT) is Bearish.
INVENTRUST PROPERTIES CORP (IVT) has an RSI value of 40.2141. This indicates that the stock is currently neutral.
The MACD indicator for INVENTRUST PROPERTIES CORP (IVT) has a value of -0.0542688, indicating a bearish trend.
INVENTRUST PROPERTIES CORP (IVT) has a support level at 27.44 and a resistance level at 27.69. Check the full technical report for our detailed analysis of IVT support and resistance levels.