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INVH Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top INVH on December 04, 2024, netting in a 2.39% gain over 1 week

A.I.dvisor
at Tickeron.com
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+2.39% Gain from a Successful pattern Head-and-Shoulders Top
INVH - Invitation Homes
Tickeron
Ticker: INVH
Company: Invitation Homes
Gain from shortening: +2.39%
Confirmed: 12/04/24
Succeeded: 12/16/24
Total length: 12 days
On December 04, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Invitation Homes (INVH, $33.94). On December 04, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On December 16, 2024, the stock hit the target price of $32.68 – resulting in a gain for traders who shorted the stock on the pattern detection date.

INVH in -0.66% downward trend, declining for three consecutive days on December 13, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where INVH declined for three days, in of 277 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on INVH as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for INVH turned negative on December 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

INVH moved below its 50-day moving average on December 05, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for INVH crossed bearishly below the 50-day moving average on December 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The 50-day moving average for INVH moved below the 200-day moving average on November 14, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for INVH's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where INVH advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .

INVH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 306 cases where INVH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. INVH’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.113) is normal, around the industry mean (1.982). P/E Ratio (41.259) is within average values for comparable stocks, (62.378). INVH's Projected Growth (PEG Ratio) (20.089) is slightly higher than the industry average of (7.058). Dividend Yield (0.031) settles around the average of (0.068) among similar stocks. P/S Ratio (8.842) is also within normal values, averaging (7.099).

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General Information

a real estate investment trust

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
1717 Main Street
Phone
+1 972 421-3600
Employees
1555
Web
https://www.invitationhomes.com