PENNYMAC MORTGAGE INVESTMENT (PMT) Stock Technical Analysis
NYSE:PMT - New York Stock Exchange, Inc. - US70931T1034 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to PMT. PMT 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.
PMT is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry. PMT outperforms 81% of them.
When comparing the performance of all stocks over the past year, PMT turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
PMT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month PMT has a been trading in the 11.81 - 14.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PMT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PMT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.87
15.19
When analyzing the support we notice one important area.
- A support zone ranging from 11.99 to 12.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.50 to 15.04. 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
CRS65.81
Mansfield0.27
10 Day High13.62
10 Day Low11.81
20 Day High14.87
20 Day Low11.81
52 Week High15.22
52 Week Low11.77
Performance
1 Week5.18%
2 Weeks1.38%
1 Month-10.32%
3 Month4.76%
6 Month-2.87%
12 Month-6.31%
2 Year6.28%
3 Year-13.89%
5 Year27.02%
10 Year-36.95%
15 Year-24.17%
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)-0.04
RSI(14)45.42
LBB11.79
UBB14.46
13.21
+0.31 (+2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg2.4%
1 Week5.18%
2 Weeks1.38%
1 Month-10.32%
3 Month4.76%
6 Month-2.87%
12 Month-6.31%
2 Year6.28%
3 Year-13.89%
5 Year27.02%
10 Year-36.95%
15 Year-24.17%
Volatility
ATR(14)0.62
ATR(20)%3.84%
ATR Inc-54.88%
Range Today0.25
ADR(20)0.47
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.81
Mansfield0.27
10 Day High13.62
10 Day Low11.81
20 Day High14.87
20 Day Low11.81
52 Week High15.22
52 Week Low11.77
CS1 End12.1
CR1 Start14.5
Volume & EV
DER(3)5.88%
DER(5)3.71%
Volume902.40K
Volume Incr-35.71%
Vol(5)717.02K
Vol(50)845.85K