As this happened, Janney initiated its Invesco Mortgage Capital Inc [IVR] rating to a Buy in a research note published on June 06, 2024; the price target was $10. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. BTIG Research began covering IVR with “Neutral” recommendation on October 20, 2023. Jefferies started covering the stock on December 14, 2020. It rated IVR as “an Underperform”.
Price Performance Review of IVR
On Monday, Invesco Mortgage Capital Inc [NYSE:IVR] saw its stock unchanged to $7.54. Over the last five days, the stock has gained 2.86%. Invesco Mortgage Capital Inc shares have fallen nearly -6.34% since the year began. Nevertheless, the stocks have fallen -17.51% over the past one year. While a 52-week high of $9.97 was reached on 02/21/25, a 52-week low of $5.86 was recorded on 04/09/25. SMA at 50 days reached $7.69, while 200 days put it at $8.32.
Levels Of Support And Resistance For IVR Stock
The 24-hour chart illustrates a support level at 7.47, which if violated will result in even more drops to 7.39. On the upside, there is a resistance level at 7.68. A further resistance level may holdings at 7.81. The Relative Strength Index (RSI) on the 14-day chart is 55.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.12%. Stochastics %K at 87.78% indicates the stock is a selling.
The most recent change occurred on June 30, 2020 when BofA Securities began covering the stock and recommended ‘”an Underperform”‘ rating along with a $2.50 price target.
