INDEPENDENCE REALTY TRUST IN (IRT) Stock Technical Analysis
NYSE:IRT - New York Stock Exchange, Inc. - US45378A1060 - REIT - Currency: USD
Taking everything into account, IRT scores 8 out of 10 in our technical rating. In the last year, IRT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IRT is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by IRT over the past year are nicely spread over this period.
IRT is one of the better performing stocks in the Residential REITs industry, it outperforms 94% of 20 stocks in the same industry.
IRT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IRT is lagging the market slightly.
In the last month IRT has a been trading in the 18.64 - 20.94 range, which is quite wide. It is currently trading near the high of this range.
IRT has an average volume of 1803060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although IRT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.05
22.23
We found 3 important support areas.
- A support zone ranging from 19.81 to 19.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.66 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.23 to 18.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @20.73 from a trend line in the daily time frame.
- A resistance zone ranging from 21.84 to 22.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.75
Mansfield0.13
10 Day High20.94
10 Day Low19.59
20 Day High20.94
20 Day Low18.64
52 Week High22.26
52 Week Low14.35
Performance
1 Week-0.58%
2 Weeks2.67%
1 Month8.68%
3 Month-6.21%
6 Month1.44%
12 Month36.55%
2 Year12.77%
3 Year-19.27%
5 Year53.85%
10 Year119.36%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)58.89
LBB19.19
UBB21.09
20.4
-0.35 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-1.69%
1 Week-0.58%
2 Weeks2.67%
1 Month8.68%
3 Month-6.21%
6 Month1.44%
12 Month36.55%
2 Year12.77%
3 Year-19.27%
5 Year53.85%
10 Year119.36%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.1%
ATR Inc27.19%
Range Today0.74
ADR(20)0.42
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.75
Mansfield0.13
10 Day High20.94
10 Day Low19.59
20 Day High20.94
20 Day Low18.64
52 Week High22.26
52 Week Low14.35
CS1 End19.92
CR1 Start20.73
Volume & EV
DER(3)-2%
DER(5)-2.23%
Volume2.71M
Volume Incr103.01%
Vol(5)3.16M
Vol(50)1.80M