ANGEL OAK MORTGAGE REIT INC (AOMR)

US03464Y1082 - REIT

11.21  +0.09 (+0.81%)

After market: 11.21 0 (0%)

Technical Rating and Analysis

9

Overall AOMR gets a technical rating of 9 out of 10. AOMR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, AOMR did better than 84% of all other stocks. On top of that, AOMR also shows a nice and consistent pattern of rising prices.
AOMR is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 64 other stocks in this industry. AOMR outperforms 95% of them.
AOMR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AOMR is performing more or less in line with the market.
In the last month AOMR has a been trading in the 10.33 - 11.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AOMR Weekly chart
AOMR Daily chart
Setup Rating and Analysis

8

AOMR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.96, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.85

11.77

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 10.71 to 10.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.04 to 10.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.94 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 11.65 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.59
Mansfield0.62
10 Day High11.92
10 Day Low10.33
20 Day High11.92
20 Day Low10.33
52 Week High11.92
52 Week Low7.26
Performance
1 Week2.94%
2 Weeks-3.69%
1 Month2.09%
3 Month4.96%
6 Month30.05%
12 Month40.83%
2 Year-26.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.27
LBB10.27
UBB11.68
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
11.6610.700.96 (8.23%)12.15%
An entry @11.66. This is a Buy Stop order right above the resistance zone.An exit @10.70. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.96 points, which is 8.23%.For a 1.00% total portfolio risk, you can invest 12.15% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AOMR Daily chart

ANGEL OAK MORTGAGE REIT INC

NYSE:AOMR (5/3/2024, 7:04:01 PM)

After market: 11.21 0 (0%)

11.21

+0.09 (+0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.81%
1 Week2.94%
2 Weeks-3.69%
1 Month2.09%
3 Month4.96%
6 Month30.05%
12 Month40.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%3.79%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.92
10 Day Low10.33
20 Day High11.92
20 Day Low10.33
52 Week High11.92
52 Week Low7.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.90K
Volume Incr-28.75%
Vol(5)34.50K
Vol(50)43.56K