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Invesco Ltd (IVZ) Crosses Pivot Point Support at $25.32

By James Quinn

Shares of Invesco Ltd (NYSE:IVZ) opened today below their pivot of $25.57 and have already reached the first level of support at $25.32. Investors may be interested in a cross of the next downside pivot targets of $25.15 and $24.73.

Over the past year, Invesco Ltdhas traded in a range of $0.00 to $38.43 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.7%.

Invesco Ltd (NYSE:IVZ) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $36.00. The stock should find initial resistance at its 50-day moving average (MA) of $26.61 and further resistance at its 200-day MA of $31.87.

SmarTrend recommended that its subscribers protect gains by selling shares of Invesco Ltd on March 20th, 2018 by issuing a Downtrend alert when the shares were trading at $32.63. Since that call, shares of Invesco Ltd have fallen 21.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts invesco ltd

Ticker(s): IVZ