IVR - INVESCO MORTGAGE CAPITAL INC

Industry: REIT - Diversified Sector: Financial Exchange: NYSE

IVR - INVESCO MORTGAGE CAPITAL INC

Industry: REIT - Diversified Sector: Financial Exchange: NYSE
#303()/5610

Wed 13'th Dec 2017

PERIOD 2017-09-14 - 2017-12-13
CHANGE 1.55%
PRICE $18.35
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

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INVESCO MORTGAGE CAPITAL INC Stock Analysis

Technical stock analysis for Wed 13'th Dec 2017

Shorts 1.85% ( 2017-11-15 )
Cash n/a
Loans n/a
Beta 0.87
ROA 2.49
Buy candidate since 2017-12-12 Gain 1.55%

INVESCO MORTGAGE CAPITAL INC gained 1.55% in the last trading day, rising from $18.07 to $18.35 The price has risen in 6 of the last 10 days and is up by 2.92% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.51 million more shares were traded than the day before. In total, 2.18 million shares bought and sold for approximately $39.92 million.

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Trend

INVESCO MORTGAGE CAPITAL INC lies in the upper part of a weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $18.55 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 5.63% during the next 3 months and, with 90% probability hold a price between $18.02 and $19.59 at the end of this period.

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Signals

Only positive signals in the chart today. INVESCO MORTGAGE CAPITAL INC holds buy signals from both short- and long-term moving averages. In addition, 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 $18.24 and $17.58. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday December 12, 2017, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

RSI14 is 55 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

INVESCO MORTGAGE CAPITAL INC finds support from accumulated volume at $18.13. On the upside the stock meets some resistance just above today's level from accumulated volume at $18.40.

The stock is about to test the resistance from accumulated volume at $18.40 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $18.13 Price: $18.35 Resistance: $18.40

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.42 (2.33%) between high and low. For the last week, the stock has had a daily average volatility of 1.42%.

Our recommended stoploss: $17.33 (-5.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

INVESCO MORTGAGE CAPITAL INC holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Strong Buy Candidate.

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