| Invitation Homes is a real estate investment trust that conducts its operations through its subsidiary, Invitation Homes Operating Partnership LP. Co. is an owner and operator of single-family homes for lease, providing residents homes in neighborhoods across America. Co. has various homes for lease in several markets across the country. Co. operates primarily in the Western U.S., Florida, and the Southeast U.S. Co. has one reportable segment related to acquiring, renovating, leasing, and operating single-family homes as rental properties. |
When researching a stock like Invitation Homes, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from INVH Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for INVH stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of these ways is called the Relative Strength Index, or RSI. This popular indicator, originally developed in the 1970's by J. Welles Wilder, looks at a 14-day moving average of a stock's gains on its up days, versus its losses on its down days. The resulting INVH RSI is a value that measures momentum, oscillating between "oversold" and "overbought" on a scale of zero to 100. A reading below 30 is viewed to be oversold, which a bullish investor could look to as a sign that the selling is in the process of exhausting itself, and look for entry point opportunities. A reading above 70 is viewed to be overbought, which could indicate that a rally in progress is starting to get crowded with buyers. If the rally has been a long one, that could be a sign that a pullback is overdue.