InvenTrust Properties Corp. Stock Forecast

Red day on Friday for InvenTrust Properties Corp.
(Updated on May 17, 2024)

IVT Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, April 23, 2024, and so far it has fallen -0.90%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The InvenTrust Properties Corp. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $25.12 and $24.87. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Thursday, February 29, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for InvenTrust Properties Corp. stock

InvenTrust Properties Corp. finds support from accumulated volume at $25.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.250 between high and low, or 1.00%. For the last week the stock has had daily average volatility of 1.19%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (IVT) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect InvenTrust Properties Corp. to open at $25.25, and during the day (based on 14 day Average True Range), to move between $24.84 and $25.68, which gives a possible trading interval of +/-$0.416 (+/-1.65%) up or down from last closing price. If InvenTrust Properties Corp. takes out the full calculated possible swing range there will be an estimated 3.30% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.28 (0.08%) than the support at $25.10 (0.63%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is InvenTrust Properties Corp. stock A Buy?

InvenTrust Properties Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.811 Sell Candidate Unchanged

Predicted Opening Price for InvenTrust Properties Corp. of Monday, May 20, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.