INVESCO LTD (IVZ) Stock Technical Analysis
NYSE:IVZ - BMG491BT1088 - Common Stock
21.55 USD
+0.88 (+4.26%)
21.52 USD
-0.03 (-0.14%)
Taking everything into account, IVZ scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, IVZ has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 89% of 237 stocks in the same industry.
IVZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
IVZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
IVZ has an average volume of 6343540 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 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, IVZ also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.61, a Stop Loss order could be placed below this zone.
More info and screens
12.57
22.03
We found 4 important support areas.
- A support zone ranging from 20.45 to 20.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.80 from a trend line in the daily time frame.
- Support @15.38 from a trend line in the daily time frame.
- Support @12.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.81 to 21.81. 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 | UP | POSITIVE | The short term trend for IVZ is up. |
| ChartMill Relative Strength | 89.28 | POSITIVE | IVZ has a high relative strength, it outperformed 89.28% 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) | 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) | 64.8 | NEUTRAL | The RSI value for IVZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests IVZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.37 | NEUTRAL | The Stochastics value for IVZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for IVZ suggests some volalility. |
| Average Directional Index/ADX (14) | 31.83 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.82 | 20.40 | 1.42 (6.51%) | 15.37% |
| An entry @21.82. This is a Buy Stop order right above the resistance zone. | An exit @20.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.42 points, which is 6.51%. | For a 1.00% total portfolio risk, you can invest 15.37% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.55
+0.88 (+4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg4.26%
1 Week2.04%
2 Weeks4.01%
1 Month-1.19%
3 Month49.86%
6 Month23.28%
12 Month25.29%
2 Year35.36%
3 Year30.84%
5 Year111.27%
10 Year-36.82%
15 Year18.8%
Volatility
ATR(14)0.49
ATR(20)%2.38%
ATR Inc16.74%
Range Today0.87
ADR(20)0.48
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield1.6
10 Day High21.64
10 Day Low20.41
20 Day High21.85
20 Day Low20.08
52 Week High21.85
52 Week Low11.6
CS1 End20.61
CR1 Start21.81
Volume & EV
DER(3)0.48%
DER(5)1.35%
Volume3.40M
Volume Incr-55.92%
Vol(5)3.22M
Vol(50)6.34M