Overall AFCG gets a technical rating of 1 out of 10. AFCG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
91% of all other stocks performed better in the past year than AFCG.
AFCG is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 85% of 65 stocks in the same industry do better.
AFCG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month AFCG has a been trading in the 4.34 - 5.87 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.