AG MORTGAGE INVESTMENT TRUST (MITT) Stock Technical Analysis
NYSE:MITT - New York Stock Exchange, Inc. - US0012285013 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to MITT. MITT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
MITT is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so MITT is not an exception.
In the last month MITT has a been trading in the 5.63 - 7.87 range, which is quite wide. It is currently trading near the lows of this range.
MITT is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry. MITT outperforms 92% of them.
When comparing the yearly performance of all stocks, we notice that MITT is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
The technical rating of MITT is bad and it also does not present a quality setup 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
5.73
7.87
When analyzing the support we notice one important area.
- A support zone ranging from 5.79 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.29 to 6.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.74 to 7.79. 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
CRS76.03
Mansfield-0.46
10 Day High6.69
10 Day Low5.63
20 Day High7.87
20 Day Low5.63
52 Week High7.95
52 Week Low5.52
Performance
1 Week5.17%
2 Weeks-8.96%
1 Month-20.47%
3 Month-6.15%
6 Month-15.98%
12 Month7.96%
2 Year9.91%
3 Year-19.63%
5 Year-36.26%
10 Year-89.42%
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)-0.05
RSI(14)35
LBB5.45
UBB7.31
6.1
-0.18 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-2.87%
1 Week5.17%
2 Weeks-8.96%
1 Month-20.47%
3 Month-6.15%
6 Month-15.98%
12 Month7.96%
2 Year9.91%
3 Year-19.63%
5 Year-36.26%
10 Year-89.42%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%4.78%
ATR Inc-36.19%
Range Today0.21
ADR(20)0.27
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.03
Mansfield-0.46
10 Day High6.69
10 Day Low5.63
20 Day High7.87
20 Day Low5.63
52 Week High7.95
52 Week Low5.52
CS1 End5.79
CR1 Start6.29
Volume & EV
DER(3)3.55%
DER(5)1%
Volume172.52K
Volume Incr-18.27%
Vol(5)247.06K
Vol(50)244.29K