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

[January 23, 2013]

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

Jan 23, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of Invesco Mortgage Capital are trading today in above average volume, with the share price falling 2.7% to $21.18. About 1.6 million shares have been traded today, as compared to the 30-day average volume of 1.2 million shares. Unusually high volume can signify a potential turning point or validate a breakout.


SmarTrend recommended that subscribers consider buying shares of Invesco Mortgage Capital on November 23rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.46. Since that recommendation, shares of Invesco Mortgage Capital have risen 6.4%. We continue to monitor IVR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Invesco Mortgage Capital share prices have been bracketed by a low of $15.00 and a high of $21.80 and are now at $21.27, 42% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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