Invitation Homes Inc (INVH): Price Now Near $34.81; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for INVH

Currently, INVH (Get Ratings)’s price is down $-0.05 (-0.16%) from the hour prior. INVH has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 50 hour moving average, resulting in them with price now being below it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Real Estate stocks, INVH ranks 37th in regards to today’s price percentage change.

INVH’s Technical Outlook on the Daily Chart

At the moment, INVH’s price is down $-0.27 (-0.77%) from the day prior. This is the 2nd day in a row INVH has seen its price head down. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Invitation Homes Inc’s price action over the past 90 days can be seen via the chart below.

INVH

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