Invesco Mortgage Capital (IVR) Crossed Above the 20-Day Moving Average: What That Means for Investors
Invesco Mortgage Capital (IVR) zacks.com·2024-05-27 22:36
Invesco Mortgage Capital (IVR) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, IVR crossed above the 20-day moving average, suggesting a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term movin ...