INVESCO SENIOR INCOME TRUST (VVR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VVR - US46131H1077
We assign a technical rating of 2 out of 10 to VVR. Recently some decent action could be observed, but in the medium term time frame this is still negative. VVR was also a bad performer in the overall market in the last year.
Although the technical rating is bad, VVR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.29, a Stop Loss order could be placed below this zone.
More info and screens
3.17
We found 1 important support area.
- A support zone ranging from 3.20 to 3.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.31 to 3.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.38 to 3.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.56 from a horizontal line in the daily time frame.
- Resistance @3.87 from a trend 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 | DOWN | NEGATIVE | The long term trend for VVR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VVR is up. |
| ChartMill Relative Strength | 20.46 | NEGATIVE | VVR has a low relative strength, it was outperformed by 79.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VVR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VVR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.22 | NEUTRAL | The RSI value for VVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests VVR may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for VVR suggests low volalility. |
| Average Directional Index/ADX (14) | 24.48 | NEUTRAL | The ADX value for VVR suggests a possible start of a new trend. |
3.29
-0.01 (-0.3%)
INVESCO SENIOR INCOME TRUST / VVR FAQ
What is the technical rating for VVR stock?
ChartMill assigns a technical rating of 2 / 10 to VVR.
Can you provide the trend direction for INVESCO SENIOR INCOME TRUST?
The current trend direction for INVESCO SENIOR INCOME TRUST (VVR) is Bearish.
What is the RSI signal for VVR stock?
INVESCO SENIOR INCOME TRUST (VVR) has an RSI value of 53.2229. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INVESCO SENIOR INCOME TRUST?
The MACD indicator for INVESCO SENIOR INCOME TRUST (VVR) has a value of 0.00708683, indicating a bearish trend.
Can you provide the support and resistance levels for INVESCO SENIOR INCOME TRUST?
INVESCO SENIOR INCOME TRUST (VVR) has a support level at 3.29 and a resistance level at 3.31. Check the full technical report for our detailed analysis of VVR support and resistance levels.