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 1 out of 10. 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.
87% of all other stocks performed better in the past year than AOMR.
AOMR is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry, of which 80% are performing better than AOMR.
In the last month AOMR has a been trading in the 9.09 - 9.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
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
8.94
10.69
When analyzing the support we can see 2 important areas.
- Support @9.18 from a horizontal line in the daily time frame.
- Support @9.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.47 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.97 to 10.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for AOMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AOMR is neutral. |
| ChartMill Relative Strength | 13.45 | NEGATIVE | AOMR has a low relative strength, it was outperformed by 86.55% 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) | 49.88 | NEUTRAL | The RSI value for AOMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AOMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.38 | NEUTRAL | The Stochastics value for AOMR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for AOMR suggests low volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for AOMR suggests a weak or negative 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)
9.43
+0.24 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg2.61%
1 Week-1.15%
2 Weeks0.53%
1 Month-1.46%
3 Month-6.63%
6 Month-10.1%
12 Month-22.07%
2 Year1.18%
3 Year-32.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.73%
ATR Inc37.41%
Range Today0.24
ADR(20)0.16
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.45
Mansfield-1
10 Day High9.69
10 Day Low9.09
20 Day High9.74
20 Day Low9.09
52 Week High12.25
52 Week Low7.36
CS1 End9.18
CR1 Start9.47
Volume & EV
DER(3)-4.29%
DER(5)-3.8%
Volume88.60K
Volume Incr0.06%
Vol(5)62.68K
Vol(50)91.53K