BLACKSTONE MORTGAGE TRU-CL A (BXMT) Technical Analysis
NYSE:BXMT • US09257W1009
Current stock price
BXMT Technical Rating and Analysis
Taking everything into account, BXMT scores 1 out of 10 in our technical rating. BXMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, BXMT is a bad performer in the overall market: 69% of all stocks are doing better.
- In the last month BXMT has a been trading in the 18.13 - 19.43 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- BXMT has an average volume of 1492440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BXMT is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, BXMT did better than 55% of them.
- BXMT 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 BXMT is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
BXMT Weekly and Daily overview Charts
BXMT Setup Rating and Analysis
Although the technical rating is bad, BXMT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 18.48, a Stop Loss order could be placed below this zone.
More info and screens
BXMT Support and Resistance Analysis
16.98
We found 3 important support areas.
- A support zone ranging from 18.21 to 18.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.81 to 17.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.84 to 19.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.08 to 20.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
BXMT 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 | 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 | 31.51 | 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) | DOWN | NEGATIVE | The current price of BXMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BXMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for BXMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BXMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.5 | NEUTRAL | The Stochastics value for BXMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for BXMT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.27 | POSITIVE | The high ADX value value for BXMT suggests a strong trend. |
BXMT Chart- and CandleStick Pattern Analysis
BXMT Technicals: Chart, Performance Metrics, Trend & Indicators
18.68
-0.09 (-0.48%)
BLACKSTONE MORTGAGE TRU-CL A / BXMT TA FAQ
What is the ChartMill technical rating of BLACKSTONE MORTGAGE TRU-CL A (BXMT) stock?
ChartMill assigns a technical rating of 1 / 10 to BXMT.
What is the trend direction for BXMT stock?
The current trend direction for BLACKSTONE MORTGAGE TRU-CL A (BXMT) is Bearish.
Can you provide the RSI signal for BLACKSTONE MORTGAGE TRU-CL A?
BLACKSTONE MORTGAGE TRU-CL A (BXMT) has an RSI value of 45.0262. This indicates that the stock is currently neutral.
What is the short term momentum for BXMT stock?
The short term momentum for BLACKSTONE MORTGAGE TRU-CL A (BXMT) is neutral.