ANGEL OAK MORTGAGE REIT INC (AOMR) Technical Analysis
NYSE:AOMR • US03464Y1082
Current stock price
AOMR Technical Rating and Analysis
Taking everything into account, AOMR scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AOMR is a bad performer in the overall market: 75% of all stocks are doing better.
- AOMR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- AOMR is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, AOMR did better than 47% of them.
- AOMR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AOMR is lagging the market slightly.
AOMR Weekly and Daily overview Charts
AOMR Setup Rating and Analysis
AOMR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.66. Right above this resistance zone may be a good entry point.
More info and screens
AOMR Support and Resistance Analysis
8.10
We found 1 important support area.
- Support @8.18 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.66 to 8.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.25 to 9.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.49 to 9.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.10 from a horizontal line in the weekly time frame.
AOMR Technical Indicator Signal Analysis
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 | 25.77 | NEGATIVE | AOMR has a low relative strength, it was outperformed by 74.23% 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) | 42.04 | 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) | 34.85 | NEUTRAL | The Stochastics value for AOMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for AOMR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.02 | NEUTRAL | The ADX value for AOMR suggests a possible start of a new trend. |
AOMR Chart- and CandleStick Pattern Analysis
AOMR Technicals: Chart, Performance Metrics, Trend & Indicators
8.4
+0.04 (+0.48%)
ANGEL OAK MORTGAGE REIT INC / AOMR TA FAQ
What is the technical rating for AOMR stock?
ChartMill assigns a technical rating of 0 / 10 to AOMR.
What is the trend direction for 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 42.0396. This indicates that the stock is currently neutral.
What is the buy/sell signal for ANGEL OAK MORTGAGE REIT INC (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.
What are the support and resistance levels for ANGEL OAK MORTGAGE REIT INC (AOMR) stock?
ANGEL OAK MORTGAGE REIT INC (AOMR) has a support level at 8.18 and a resistance level at 8.66. Check the full technical report for our detailed analysis of AOMR support and resistance levels.