INDEPENDENCE REALTY TRUST IN (IRT) Stock Technical Analysis
NYSE:IRT - New York Stock Exchange, Inc. - US45378A1060 - REIT
We assign a technical rating of 2 out of 10 to IRT. Although IRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
IRT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, IRT did better than 70% of all other stocks.
IRT is one of the better performing stocks in the Residential REITs industry, it outperforms 100% of 20 stocks in the same industry.
IRT has an average volume of 1764210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IRT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRT is lagging the market.
IRT has a poor technical rating and the quality of the setup is also only medium 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 2 important support areas.
- A support zone ranging from 18.78 to 18.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
- A resistance zone ranging from 20.51 to 20.71. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS70.82
Mansfield-0.47
10 Day High19.9
10 Day Low18.12
20 Day High20.56
20 Day Low18.12
52 Week High22.26
52 Week Low14.08
Performance
1 Week2.46%
2 Weeks-3.82%
1 Month-5.43%
3 Month-3.13%
6 Month1.48%
12 Month26.64%
2 Year1.75%
3 Year-16.66%
5 Year30.61%
10 Year101.26%
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)0.01
RSI(14)41.31
LBB18.15
UBB20.12
INDEPENDENCE REALTY TRUST IN
NYSE:IRT (1/21/2025, 8:08:08 PM)
After market: 19.16 0 (0%)19.16
+0.16 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.84%
1 Week2.46%
2 Weeks-3.82%
1 Month-5.43%
3 Month-3.13%
6 Month1.48%
12 Month26.64%
2 Year1.75%
3 Year-16.66%
5 Year30.61%
10 Year101.26%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.23%
ATR Inc-42%
Range Today0.26
ADR(20)0.41
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.82
Mansfield-0.47
10 Day High19.9
10 Day Low18.12
20 Day High20.56
20 Day Low18.12
52 Week High22.26
52 Week Low14.08
CS1 End18.86
CR1 Start20.51
Volume & EV
DER(3)-1.65%
DER(5)-0.66%
Volume902.30K
Volume Incr-33.88%
Vol(5)1.21M
Vol(50)1.76M