PENNYMAC MORTGAGE INVESTMENT (PMT) Stock Technical Analysis
NYSE:PMT - New York Stock Exchange, Inc. - US70931T1034 - REIT - Currency: USD
Taking everything into account, PMT scores 7 out of 10 in our technical rating. PMT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PMT has a been trading in the 12.46 - 14.16 range, which is quite wide. It is currently trading near the high of this range.
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 56% of all stocks.
PMT is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 66% of 64 stocks in the same industry.
PMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PMT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although PMT has an excellent technical rating, it does not present a decent entry opportunity 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
11.87
14.65
We found 3 important support areas.
- A support zone ranging from 13.75 to 13.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.36 to 13.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.99 to 12.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @14.21 from a horizontal line in the daily time frame.
- Resistance @14.50 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.16
Mansfield-0.54
10 Day High14.16
10 Day Low13.42
20 Day High14.16
20 Day Low12.46
52 Week High15.22
52 Week Low11.77
Performance
1 Week2.55%
2 Weeks3.23%
1 Month12.02%
3 Month4.77%
6 Month0.36%
12 Month0.86%
2 Year7.98%
3 Year-9.81%
5 Year-32.03%
10 Year-34.37%
15 Year-14.68%
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)71.74
LBB13.31
UBB14.05
14.07
+0.07 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.5%
1 Week2.55%
2 Weeks3.23%
1 Month12.02%
3 Month4.77%
6 Month0.36%
12 Month0.86%
2 Year7.98%
3 Year-9.81%
5 Year-32.03%
10 Year-34.37%
15 Year-14.68%
Volatility
ATR(14)0.21
ATR(20)%1.79%
ATR Inc-11.25%
Range Today0.17
ADR(20)0.23
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.16
Mansfield-0.54
10 Day High14.16
10 Day Low13.42
20 Day High14.16
20 Day Low12.46
52 Week High15.22
52 Week Low11.77
CS1 End13.85
CR1 Start14.21
Volume & EV
DER(3)2.77%
DER(5)2.34%
Volume766.40K
Volume Incr-31.79%
Vol(5)508.04K
Vol(50)786.94K