ANGEL OAK MORTGAGE REIT INC (AOMR) Stock Technical Analysis
NYSE:AOMR - New York Stock Exchange, Inc. - US03464Y1082 - REIT - Currency: USD
Overall AOMR gets a technical rating of 0 out of 10. AOMR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AOMR is a bad performer in the overall market: 83% of all stocks are doing better.
AOMR is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 78% of 65 stocks in the same industry do better.
In the last month AOMR has a been trading in the 8.82 - 10.34 range, which is quite wide. It is currently trading near the lows of this range.
AOMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AOMR is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AOMR 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 9.29, a Stop Loss order could be placed below this zone.
More info and screens
8.78
10.70
2 important support areas can be observed.
- A support zone ranging from 9.05 to 9.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.87 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.77 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.58 to 10.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for AOMR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AOMR is neutral. |
| ChartMill Relative Strength | 17.56 | NEGATIVE | AOMR has a low relative strength, it was outperformed by 82.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AOMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AOMR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AOMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.33 | NEUTRAL | The RSI value for AOMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AOMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.13 | NEUTRAL | The Stochastics value for AOMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AOMR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for AOMR suggests a possible start of a new trend. |
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)
9.32
+0.1 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.08%
1 Week2.76%
2 Weeks0.54%
1 Month-7.91%
3 Month-3.42%
6 Month-1.38%
12 Month-25.26%
2 Year13.11%
3 Year-28.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.64%
ATR Inc-47.52%
Range Today0.17
ADR(20)0.23
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.56
Mansfield-1.3
10 Day High9.4
10 Day Low8.82
20 Day High10.34
20 Day Low8.82
52 Week High13.32
52 Week Low7.36
CS1 End9.29
CR1 Start9.77
Volume & EV
DER(3)0.82%
DER(5)2.02%
Volume55.40K
Volume Incr-56.94%
Vol(5)76.08K
Vol(50)142.91K