GRANITE POINT MORTGAGE TRUST (GPMT) Stock Technical Analysis
NYSE:GPMT - New York Stock Exchange, Inc. - US38741L1070 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to GPMT. 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 negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than GPMT.
GPMT is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 90% of 65 stocks in the same industry do better.
GPMT is currently trading near the lower end of its 52 week range, which is not a good sign. GPMT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month GPMT has a been trading in the 1.61 - 2.71 range, which is quite wide. It is currently trading near the lows of this range.
GPMT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.62
2.94
3 important resistance areas can be observed.
- Resistance @1.79 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.80 to 2.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.91 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.18
Mansfield-4.26
10 Day High1.91
10 Day Low1.61
20 Day High2.71
20 Day Low1.61
52 Week High4.5
52 Week Low1.61
Performance
1 Week-5.2%
2 Weeks-10.38%
1 Month-39.26%
3 Month-43.45%
6 Month-45.15%
12 Month-62.64%
2 Year-63.31%
3 Year-83.14%
5 Year-67.07%
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
RSI(14)28.23
LBB1.56
UBB2.05
1.64
-0.12 (-6.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-6.82%
1 Week-5.2%
2 Weeks-10.38%
1 Month-39.26%
3 Month-43.45%
6 Month-45.15%
12 Month-62.64%
2 Year-63.31%
3 Year-83.14%
5 Year-67.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.88%
ATR Inc-45.23%
Range Today0.13
ADR(20)0.15
ADR(20)%9.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.18
Mansfield-4.26
10 Day High1.91
10 Day Low1.61
20 Day High2.71
20 Day Low1.61
52 Week High4.5
52 Week Low1.61
CS1 EndN/A
CR1 Start1.79
Volume & EV
DER(3)0.93%
DER(5)0.92%
Volume777.80K
Volume Incr24.44%
Vol(5)584.56K
Vol(50)438.09K