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INVESCO MORTGAGE CAPITAL INC Stock Forecast NYSE:IVR

$3.08 (-1.28%)

Volume: 6M

Closed: Nov 26, 2021

Hollow Logo Score: 1.203

INVESCO MORTGAGE CAPITAL INC Stock Forecast

$3.08 (-1.28%)

Volume: 6M

Closed: Nov 26, 2021

Score Hollow Logo 1.203
Which way will IVR go? Request
Fri, Nov 26, 2021 Buy Candidate Upgraded
Stop-loss: $2.91 (-5.57%)
Key Stats
P/E Ratio 18.40
Beta 0.69
Trailing Dividend Rate 10.95% ($0.34)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] The INVESCO MORTGAGE CAPITAL INC stock currently holds an RSI14 at 16 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

INVESCO MORTGAGE CAPITAL INC stock upgraded from Hold/Accumulate to Buy Candidate after Friday trading session.
(Updated on Nov 26, 2021)


Buy or Hold candidate since 2021-11-23 Loss -0.65%

The INVESCO MORTGAGE CAPITAL INC stock price fell by -1.28% on the last day (Friday, 26th Nov 2021) from $3.12 to $3.08. During the day the stock fluctuated 3.33% from a day low at $3.00 to a day high of $3.10. The price has fallen in 7 of the last 10 days and is down by -4.35% for this period. Volume has increased on the last day by 3 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 million shares were bought and sold for approximately $17.51 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $3.07 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.95% during the next 3 months and, with a 90% probability hold a price between $3.17 and $3.49 at the end of this 3-month period.

Signals & Forecast

The INVESCO MORTGAGE CAPITAL INC stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.11 and $3.19. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Monday, November 22, 2021, and so far it has risen 0.33%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss

INVESCO MORTGAGE CAPITAL INC finds support from accumulated volume at $3.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.10 (3.33%) between high and low. For the last week, the stock has had a daily average volatility of 2.16%.

INVESCO MORTGAGE CAPITAL INC is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $2.91 (-5.57%) (This stock has low daily movements and this gives low risk. Low RSI14 is 16 which reduces the risk some. There is a buy signal from a pivot bottom found 3 days ago.)

Is INVESCO MORTGAGE CAPITAL INC stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.203

Predicted Opening Price for INVESCO MORTGAGE CAPITAL INC of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$3.06 $3.08 (Overvalued)
Buy Candidate Upgraded

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Analyst Ratings

The last rating was given by Jefferies Financial Group on Dec 14, 2020. The price target was set to $2.75.

Volatility and Risk
Daily Average Volatility: 2.16 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.16 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $3.12
Price: $3.08
Support: $3.07

IVR Insider Trading Show all Trades

INSIDER POWER

4.426

Last 100 transactions
Buy: 331 426 | Sell: 74 881 (Shares)
Date Action Amount Person Type
Nov 10, 2021 Buy 3 000 Lyle David B Common Stock, par value $0.01 per share
Aug 17, 2021 Sell 21 418 Day John Common Stock, par value $0.01 per share
Jun 16, 2021 Sell 7 070 Day John 7.75% Series A Cumulative Redeemable Preferred Stock
May 15, 2021 Buy 27 110 Day John Common Stock, par value $0.01 per share
May 15, 2021 Buy 27 110 Handlon Carolyn B Common Stock, par value $0.01 per share
Show all Insider Trades
INSIDER POWER

4.426

Last 100 transactions
Buy: 331 426 | Sell: 74 881 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 3.16 2.60 %
3.12 1.36 %
3.10 0.59 %
Current price: 3.08
Support 3.02 -1.89 %
3.00 -2.66 %
2.96 -3.90 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 3.17 2.92 %
3.14 1.95 %
3.12 1.30 %
Current price 3.08
Support 3.07 -0.32%
3.06 -0.65%
3.02 -1.95%

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About INVESCO MORTGAGE CAPITAL INC

Invesco Mortgage Capital Inc., a real estate investment trust, focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans. It invests in residential mortgage-backed securities (RMBS) for which the U.S. government agency or a federally chartered corporation guarantees payments of principal and interest on the securities; RMBS that are not issued or guaranteed by the U.S. government age... Read more

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