INVESCO SENIOR INCOME TRUST (VVR) Stock Technical Analysis
NYSE:VVR • US46131H1077
Taking everything into account, VVR scores 1 out of 10 in our technical rating. VVR'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, VVR is a bad performer in the overall market: 79% of all stocks are doing better.
- VVR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- VVR has an average volume of 1196670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month VVR has a been trading in a tight range between 3.24 and 3.32.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, VVR does present a nice setup opportunity. Prices have been consolidating lately. 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 3.30, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.17
When analyzing the support we notice one important area.
- A support zone ranging from 3.20 to 3.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.31 to 3.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.58 from a horizontal line in the daily time frame.
- Resistance @3.84 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 | NEUTRAL | NEUTRAL | The short term trend for VVR is neutral. |
| ChartMill Relative Strength | 21.34 | NEGATIVE | VVR has a low relative strength, it was outperformed by 78.66% 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) | 52.91 | NEUTRAL | The RSI value for VVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for VVR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for VVR suggests low volalility. |
| Average Directional Index/ADX (14) | 13.09 | NEGATIVE | The low ADX value for VVR suggests a weak or negative trend. |
3.3
+0.01 (+0.3%)
INVESCO SENIOR INCOME TRUST / VVR FAQ
What is the technical rating for VVR stock?
ChartMill assigns a technical rating of 1 / 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 52.9105. 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 -0.000113358, 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 3.3 and a resistance level at 3.31. Check the full technical report for our detailed analysis of VVR support and resistance levels.