INVESCO LTD (IVZ) Stock Technical Analysis
NYSE:IVZ - New York Stock Exchange, Inc. - BMG491BT1088 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to IVZ. IVZ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
IVZ is one of the better performing stocks in the Capital Markets industry, it outperforms 71% of 233 stocks in the same industry.
IVZ 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 IVZ is lagging the market slightly.
In the last month IVZ has a been trading in the 14.45 - 17.53 range, which is quite wide. It is currently trading near the high of this range.
IVZ has an average volume of 4796760 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 IVZ is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although IVZ has an excellent technical rating, it does not offer a high quality setup 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
12.57
17.60
When analyzing the support we can see 5 important areas.
- A support zone ranging from 15.13 to 15.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.82 from a trend line in the daily time frame.
- Support @14.38 from a horizontal line in the daily time frame.
- Support @13.92 from a horizontal line in the daily time frame.
- Support @12.70 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 | UP | POSITIVE | The long term trend for IVZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVZ is up. |
| ChartMill Relative Strength | 80.44 | POSITIVE | IVZ has a high relative strength, it outperformed 80.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IVZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.17 | OVERBOUGHT | The high RSI value suggests IVZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests IVZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.86 | OVERBOUGHT | The high Stochastics value suggests IVZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for IVZ suggests some volalility. |
| Average Directional Index/ADX (14) | 30.45 | POSITIVE | The high ADX value value for IVZ suggests a strong 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)
17.43
+0.03 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.17%
1 Week4.18%
2 Weeks11.87%
1 Month15.66%
3 Month36.39%
6 Month6.54%
12 Month8.73%
2 Year3.75%
3 Year-1.75%
5 Year73.61%
10 Year-54.84%
15 Year-10.8%
Volatility
ATR(14)0.37
ATR(20)%2.15%
ATR Inc21.6%
Range Today0.29
ADR(20)0.34
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.44
Mansfield-0.19
10 Day High17.53
10 Day Low15.54
20 Day High17.53
20 Day Low14.45
52 Week High19.55
52 Week Low11.6
CS1 End15.48
CR1 StartN/A
Volume & EV
DER(3)-0.23%
DER(5)0.95%
Volume4.65M
Volume Incr5.36%
Vol(5)5.28M
Vol(50)4.80M