BLACKSTONE MORTGAGE TRU-CL A (BXMT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BXMT - US09257W1009 - REIT
We assign a technical rating of 4 out of 10 to BXMT. In the last year, BXMT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
BXMT has an average technical rating and it also does not offer a high 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.
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16.98
We found 4 important support areas.
- Support @18.88 from a trend line in the daily time frame.
- Support @18.55 from a horizontal line in the daily time frame.
- A support zone ranging from 17.81 to 18.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.15 to 17.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.82 to 20.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.78 to 21.07. 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 | NEUTRAL | NEUTRAL | The long term trend for BXMT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BXMT is neutral. |
| ChartMill Relative Strength | 63.34 | NEUTRAL | BXMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BXMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BXMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BXMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for BXMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BXMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.29 | NEUTRAL | The Stochastics value for BXMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for BXMT suggests low volalility. |
| Average Directional Index/ADX (14) | 30.83 | POSITIVE | The high ADX value value for BXMT suggests a strong trend. |
19.45
-0.05 (-0.26%)
BLACKSTONE MORTGAGE TRU-CL A / BXMT FAQ
What is the ChartMill technical rating of BLACKSTONE MORTGAGE TRU-CL A (BXMT) stock?
ChartMill assigns a technical rating of 4 / 10 to BXMT.
What is the trend direction for BXMT stock?
The current trend direction for BLACKSTONE MORTGAGE TRU-CL A (BXMT) is Bearish.
What is the RSI signal for BXMT stock?
BLACKSTONE MORTGAGE TRU-CL A (BXMT) has an RSI value of 48.1403. This indicates that the stock is currently neutral.
What are the support and resistance levels for BLACKSTONE MORTGAGE TRU-CL A (BXMT) stock?
BLACKSTONE MORTGAGE TRU-CL A (BXMT) has a support level at 18.88 and a resistance level at 19.82. Check the full technical report for our detailed analysis of BXMT support and resistance levels.