|
|
Downtrend Broken Resist.Archive
- 11/8/2024 -
Sign In to see current Signals. |
Invesco Ltd. (IVZ) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Invesco Ltd. (IVZ). During the week, the IVZ gained 0.20 points, or 1.12%, and closed at 17.98 on Friday, November 8, 2024. Weekly volume was -11% below average.
IVZ is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See IVZ long-term trend chart]
A long-term downtrend had started on June 7, 2021 at 29.71 and reached 12.48 on October 25, 2023. IVZ lost 17.23 points, or 57.99%, in 124 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (11.75) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See IVZ medium-term trend chart]
A medium-term uptrend had started on October 25, 2023 at 12.48 and reached 18.94 on November 6, 2024. IVZ gained -6.46 points, or -51.76%, in 54 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (15.63) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See IVZ weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since July 12, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See IVZ short-term trend chart]
A short-term uptrend had started on October 23, 2024 at 17.18 and reached 18.94 on November 6, 2024. IVZ gained -1.76 points, or -10.24%, in 14 days. The price is now at the 54.55% retracement level.
 Daily Technical Indicators: [See IVZ daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|