ANGEL OAK MORTGAGE REIT INC (AOMR) Stock Technical Analysis
NYSE:AOMR - New York Stock Exchange, Inc. - US03464Y1082 - REIT - Currency: USD
We assign a technical rating of 6 out of 10 to AOMR. In the last year, AOMR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, AOMR is a bad performer in the overall market: 72% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month AOMR has a been trading in the 8.92 - 9.90 range, which is quite wide. It is currently trading near the high of this range.
AOMR is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 44% of 66 stocks in the same industry.
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.
AOMR has an average technical rating and also the quality of the setup is only medium 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
8.78
10.69
We found 3 important support areas.
- A support zone ranging from 9.39 to 9.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 8.87 to 8.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.66 to 9.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.58 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 AOMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AOMR is up. |
| ChartMill Relative Strength | 28.83 | NEGATIVE | AOMR has a low relative strength, it was outperformed by 71.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AOMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AOMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AOMR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.49 | NEUTRAL | The RSI value for AOMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AOMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.42 | NEUTRAL | The Stochastics value for AOMR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for AOMR suggests low volalility. |
| Average Directional Index/ADX (14) | 23.37 | 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)
9.61
-0.02 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.21%
1 Week0.42%
2 Weeks2.34%
1 Month3.11%
3 Month21.49%
6 Month-4.66%
12 Month-21.93%
2 Year1.37%
3 Year-32.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.63%
ATR Inc-27.27%
Range Today0.17
ADR(20)0.15
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.83
Mansfield-0.99
10 Day High9.9
10 Day Low9.35
20 Day High9.9
20 Day Low8.92
52 Week High12.94
52 Week Low7.36
CS1 End9.59
CR1 Start9.66
Volume & EV
DER(3)-1.78%
DER(5)-0.42%
Volume85.60K
Volume Incr-19.09%
Vol(5)69.30K
Vol(50)121.35K