• Return to Headlines

Invesco Mortgage Falling Today on Above-Average Volume (IVR)

By David Diaz

Shares of Invesco Mortgage are trading today in above average volume, with the share price falling 3.1% to $15.85. Today's volume of 3.9 million shares tops the average 30-day volume of 984,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Invesco Mortgage on January 14th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.64. Since that recommendation, shares of Invesco Mortgage have risen 4.6%. We continue to monitor IVR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Invesco Mortgage has traded in a range of $13.67 to $16.66 and is now at $15.81, 16% above that low. The 200-day and 50-day moving averages have moved 0.16% higher and 0.34% higher over the past week, respectively.

Keywords: unusual volume invesco mortgage

Ticker(s): IVR