ANGEL OAK MORTGAGE REIT INC (AOMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AOMR - US03464Y1082 - REIT
We assign a technical rating of 0 out of 10 to AOMR. AOMR 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 technical rating of AOMR is bad and it also does not present a quality setup 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
8.12
When analyzing the support we notice one important area.
- Support @8.20 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @8.93 from a trend line in the daily time frame.
- A resistance zone ranging from 9.37 to 9.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.83 to 10.10. 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 | DOWN | NEGATIVE | The short term trend for AOMR is down. |
| ChartMill Relative Strength | 23.21 | NEGATIVE | AOMR has a low relative strength, it was outperformed by 76.79% 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 | NEGATIVE | The current price of AOMR is below 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) | 46.27 | NEUTRAL | The RSI value for AOMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AOMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.21 | NEUTRAL | The Stochastics value for AOMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for AOMR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.3 | NEUTRAL | The ADX value for AOMR suggests a possible start of a new trend. |
8.71
+0.11 (+1.28%)
ANGEL OAK MORTGAGE REIT INC / AOMR FAQ
What is the technical rating for AOMR stock?
ChartMill assigns a technical rating of 0 / 10 to AOMR.
What is the current trend direction of ANGEL OAK MORTGAGE REIT INC (AOMR) stock?
The current trend direction for ANGEL OAK MORTGAGE REIT INC (AOMR) is Bearish.
What is the RSI signal for AOMR stock?
ANGEL OAK MORTGAGE REIT INC (AOMR) has an RSI value of 46.2688. This indicates that the stock is currently neutral.
What is the MACD signal for AOMR stock?
The MACD indicator for ANGEL OAK MORTGAGE REIT INC (AOMR) has a value of -0.00468343, indicating a bearish trend.
What is the buy/sell signal for AOMR stock?
The buy/sell signal for ANGEL OAK MORTGAGE REIT INC (AOMR) is sell as both the short term and long term trends are negative.