Upgrade to scoring system. Read more.

IVR - INVESCO MORTGAGE CAPITAL INC

Industry: REIT - Diversified Sector: Financial | Exchange: NYSE

Buy Candidate
Buy Score Rank #149 out of #5176
Fri 18'th Aug 2017

PERIOD COVERED
2017-05-19 - 2017-08-18
CHANGE
0.24%
PRICE
$17.04
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

BOLLINGER
Buy
Request Prediction
0.00%

INVESCO MORTGAGE CAPITAL INC Stock Analysis

Technical stock analysis for Fri 18'th Aug 2017

Buy candidate since 2017-08-03 Gain 2.22%

INVESCO MORTGAGE CAPITAL INC gained 0.24% in the last trading day, rising from $17.00 to $17.04 The price has risen in 7 of the last 10 days and is up by 2.1% 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, 0.55 million more shares were traded than the day before. In total, 1.07 million shares bought and sold for approximately $18.17 million.

Trend

INVESCO MORTGAGE CAPITAL INC lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.08% during the next 3 months and, with 90% probability hold a price between $17.38 and $18.30 at the end of this period.

Signals

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 $17.00 and $16.76. A break down below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Wednesday August 16, 2017, which indicates further falls until a new bottom pivot has been found.

The stock had a Golden Star Signal* on Monday December 05, 2016 in the mediumterm chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
A sell signal from a double top formation was found on Wednesday August 16, 2017 and based on theory for this formation the price should fall by -0.35% to $16.74 within 5 trading days since signal was issued (Wednesday August 23, 2017).

Relative Strength Index (RSI)

RSI14 is 67 and the stock is currently not being overbought or oversold

Support & Resistance

INVESCO MORTGAGE CAPITAL INC finds support from accumulated volume at $16.83. On the upside the stock meets some resistance just above today's level from accumulated volume at $17.05, $17.07 and $17.08.

The stock is about to test the resistance from accumulated volume at $17.05 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $16.83 Price: $17.04 Resistance: $17.05
S: $16.83 Price: $17.04 R: $17.05

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 $0.19 (1.13%) between high and low. For the last week, the stock has had a daily average volatility of 1.06%.

Our recommended stoploss: $16.37 (-3.91%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Overall risk:

           

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Buy Candidate

Buy IVR Shares
Your capital is at risk.
Help StockInvest improve by answering this short survey clicking HERE.

Build Your Watchlist

Add IVR My Watchlist

Recommended
books of the week

Last donation

Do you find our website useful too?
Help us improve by making a small donation or
Get PRO features

Sign up to get FREE access to awesome features

Auto-portfolios that gain up to 30%

Request predictions from other users

Watchlist builder with notifications

News updates from 100+ financial publications

START FREE 5-DAY TRIAL
START FREE 5-DAY TRIAL