INVESCO MORTGAGE CAPITAL INC (IVR)

IVR stock forecast: buy or sell

IVR stock outlook

  • INVESCO MORTGAGE CAPITAL closed today at $2.75 after scarcely moving a 0.36%.
  • Looking at the chart, price is drawing an scaled downtrend since early June with lower tops and lower bottoms. shares price lost a -67.07% since the downtrend started.
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Important:
The viewpoints published in this post are personal and not recommendations for you to buy or sell stocks. The author of this paper does not know the particular positions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for informational reasons only

IVR stock charts overview

Should I buy INVESCO MORTGAGE CAPITAL stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is IVR stock a buy?

In the current situation of INVESCO MORTGAGE CAPITAL there is not any eligible buy setup. This doesn't mean IVR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

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Should I sell INVESCO MORTGAGE CAPITAL stock?

"To sell or not to sell", if you are holding INVESCO MORTGAGE CAPITAL stock?. Trading strategies let us to avoid rash decisions based on our emotions or the buzz that surrounds the market. When selling, as well as buying, our setups are very easy to use but are only valid for selling shares in your porfolio, not for selling short IVR stock

A guiding principle is that you should not mantain a trade that yields greater losses than those expected by the time of purchase. The timing to sell your stock always has to be determined by the stop-loss (automatic or manual)

Is it time to sell INVESCO MORTGAGE CAPITAL stock?

In the current situation of INVESCO MORTGAGE CAPITAL there is not any eligible sell setup, so INVESCO MORTGAGE CAPITAL stock holders with operations in green can keep their positions

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Analysts' recommendations to buy or sell INVESCO MORTGAGE CAPITAL stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

We don't have any rating published in the previous month for INVESCO MORTGAGE CAPITAL

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Technical analysis

From a technical standpoint, INVESCO MORTGAGE CAPITAL continues in downtrend since early June, and has lost a -67.07%. The stock plotted 3 consecutive lower tops

SMAs overview

A favorite tool of many traders are the moving averages, that easily show trend direction. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages

Supports and resistances

Investors use supports and resistances as a way to identify price points in the stock price action that tend to act as obstacles, preventing the price of shares to move up or down. Supports are levels where the price tends to stop as it falls. Price is more likely to "rebound" this level rather than break through it. However, if the price breaks down this level, it is likely to continue declining until meeting another support level. On the contrary, resistance levels are where the price tends to find resistance as it rises. Likewise, the price is more liable to "bounce off" at this level, and if it finally breaches this level, it will climb easily until it meets the next resistance

The current resistances are:

  • R1: $2.92 (6.18% above)
  • R2: $3.02 (9.82% above)
  • R3: $3.50 (27.27% above)
  • The current supports are:

  • S1: $2.66 (-3.27% below)
  • S2: $2.45 (-10.91% below)
  • S3: $2.35 (-14.55% below)
  • Bollinger bands

    This is an indicator that was developed in the 1980s by John Bollinger. It consists of three lines that are drawn superimposed on the price evolution chart:

    • The central band is a moving average, usually a simple moving average calculated with 20 periods
    • The upper band is calculated by adding to the value of the simple moving average 2 times the standard deviation of the moving average
    • The lower band is calculated by subtracting from the simple moving average 2 times the standard deviation of the moving average

    Since the price broke down the lower band on September 11, the price has bounced off by 3.38%. The price is moving near to the lower Bollinger band, signaling some level of oversold in recent sessions. This is not a buy point, as price can trade in these levels for many days and weeks

    Relative strength index

    The relative strength index (RSI) is a technical indicator used in the analysis of stock markets. Its objective is to plot the current and past strength or weakness of a stock or market based on the closing prices of a recent trading period. Like other oscillation indicators, the RSI fluctuates from 0% to 100%. J. Welles Wilder introduced the relative strength indicator in the late 1970s and since then it has been widely used by stock traders

    When the RSI moves for so long below 70 and above 30, without showing moments of overbought and oversold, the indicator turns out to be of little use, and we are currently in such a case.

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    Earnings and financials

    INVESCO MORTGAGE CAPITAL INC (IVR) reported adjusted EPS for the fiscal 2nd-quarter that severely lowered Wall St. expectations. Quarterly EPS was $-10.38 per share from an estimated $0.24. This quarterly report means an earnings surprise of -4425%. Company's sales resulted of $-2,799,370,000.00 versus $115.0 million forecasted by analysts.

    By comparison, the EPS for the same quarter last year was $0.40, so posted EPS is a loss of -2695%. Turnover dropped a -1042.39% on an annualized basis in the second-quarter, from $29.7M to $-2,799,370,000.00 last quarter.

    IVR releases Q3 earnings report on early next November. Expected per-share earnings of %s for this quarter is $0.03. If you own or you are looking to buy IVR shares, you must be careful as financial reporting day usually has a very high volatility, and price can soar and sink with very low liquidity and not honouring your buy/stop-loss orders. It's always good to review company's website to confirm time and details on the earnings call and the earnings report.

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