INVESCO LTD (IVZ) Stock Technical Analysis
NYSE:IVZ • BMG491BT1088
Taking everything into account, IVZ scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- IVZ is one of the better performing stocks in the Capital Markets industry, it outperforms 91% of 238 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.
- IVZ has an average volume of 5741640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, IVZ did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month IVZ has a been trading in the 24.91 - 28.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IVZ has only a medium 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 26.67, a Stop Loss order could be placed below this zone.
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21.88
4 important support areas can be observed.
- A support zone ranging from 26.33 to 26.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.21 from a horizontal line in the daily time frame.
- Support @24.19 from a trend line in the daily time frame.
- Support @22.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.44 to 29.44. 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 IVZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVZ is neutral. |
| ChartMill Relative Strength | 85.5 | POSITIVE | IVZ has a high relative strength, it outperformed 85.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IVZ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVZ is below a declining 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) | 49.91 | NEUTRAL | The RSI value for IVZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IVZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.01 | NEUTRAL | The Stochastics value for IVZ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IVZ suggests some volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for IVZ suggests a strong trend. |
27.09
+0.31 (+1.16%)
INVESCO LTD / IVZ FAQ
What is the technical rating for IVZ stock?
ChartMill assigns a technical rating of 5 / 10 to IVZ.
What is the current trend direction of INVESCO LTD (IVZ) stock?
The current trend direction for INVESCO LTD (IVZ) is Bullish.
What is the RSI signal for IVZ stock?
INVESCO LTD (IVZ) has an RSI value of 49.9051. This indicates that the stock is currently neutral.
What is the MACD signal for IVZ stock?
The MACD indicator for INVESCO LTD (IVZ) has a value of -0.0427228, indicating a bearish trend.