Anworth Mortgage Asset Corp (ANH) Stock Technical Analysis
NYSE:ANH - New York Stock Exchange, Inc. -
We assign a technical rating of 10 out of 10 to ANH. Both in the recent history as in the last year, ANH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ANH did better than 77% of all other stocks. We also observe that the gains produced by ANH over the past year are nicely spread over this period.
ANH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ANH has an average volume of 1203950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ANH has a been trading in the 2.71 - 3.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although ANH has an excellent technical rating, the quality of the presented setup is not ideal 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
2.16
3.17
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.87 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.68 to 2.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.63 from a horizontal line in the daily time frame.
- Support @2.50 from a horizontal line in the daily time frame.
- Support @2.18 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.14 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ANH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANH is up. |
| ChartMill Relative Strength | 77.75 | POSITIVE | ANH has a high relative strength, it outperformed 77.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.81 | NEUTRAL | The RSI value for ANH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ANH has a negative trend. |
| Stochastics (14,3) | 62.59 | NEUTRAL | The Stochastics value for ANH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ANH suggests some volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.15 | 2.87 | 0.28 (8.89%) | 11.25% |
| An entry @3.15. This is a Buy Stop order right above the resistance zone. | An exit @2.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.28 points, which is 8.89%. | When investing 11.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.98
+0.01 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.34%
1 Week-4.79%
2 Weeks3.47%
1 Month8.36%
3 Month14.62%
6 Month62.84%
12 Month125.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.67%
ATR Inc47.64%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.75
Mansfield3.14
10 Day High3.19
10 Day Low2.88
20 Day High3.19
20 Day Low2.71
52 Week High3.19
52 Week Low0.79
CS1 End2.97
CR1 Start3.14
Volume & EV
DER(3)1.72%
DER(5)3.43%
Volume13.78M
Volume Incr387.75%
Vol(5)4.53M
Vol(50)1.20M