GRANITE POINT MORTGAGE TRUST (GPMT) Stock Technical Analysis
NYSE:GPMT - New York Stock Exchange, Inc. - US38741L1070 - REIT - Currency: USD
Overall GPMT gets a technical rating of 0 out of 10. GPMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GPMT is a bad performer in the overall market: 90% of all stocks are doing better.
GPMT is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 85% of 64 stocks in the same industry do better.
GPMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month GPMT has a been trading in the 2.65 - 3.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GPMT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
2.68
3.23
2 important support areas can be observed.
- Support @2.82 from a trend line in the daily time frame.
- A support zone ranging from 2.71 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.91 to 3.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.12 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.25
Mansfield-2.03
10 Day High3.19
10 Day Low2.66
20 Day High3.19
20 Day Low2.66
52 Week High5.01
52 Week Low2.46
Performance
1 Week-10.03%
2 Weeks-4.97%
1 Month0%
3 Month-18.47%
6 Month11.24%
12 Month-38.68%
2 Year-52.09%
3 Year-74.42%
5 Year-82.52%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)46.42
LBB2.74
UBB3.18
2.87
-0.09 (-3.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-3.04%
1 Week-10.03%
2 Weeks-4.97%
1 Month0%
3 Month-18.47%
6 Month11.24%
12 Month-38.68%
2 Year-52.09%
3 Year-74.42%
5 Year-82.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.03%
ATR Inc14.98%
Range Today0.16
ADR(20)0.14
ADR(20)%4.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.25
Mansfield-2.03
10 Day High3.19
10 Day Low2.66
20 Day High3.19
20 Day Low2.66
52 Week High5.01
52 Week Low2.46
CS1 End2.82
CR1 Start2.91
Volume & EV
DER(3)2.41%
DER(5)-3.34%
Volume386.10K
Volume Incr94.69%
Vol(5)613.72K
Vol(50)398.92K