CHERRY HILL MTG INV CORP (CHM-A) Stock Technical Analysis
NYSE:CHM-A - New York Stock Exchange, Inc. - US1646512004
We assign a technical rating of 2 out of 10 to CHM-A. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHM-A was also a bad performer in the overall market in the last year.
Although the technical rating is bad, CHM-A does present a nice setup opportunity. 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 21.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.03, a Stop Loss order could be placed below this zone.
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20.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.96 to 21.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.59 from a trend line in the weekly time frame.
- Support @20.24 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.19 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.55 to 22.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.57 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 | DOWN | NEGATIVE | The long term trend for CHM-A is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHM-A is neutral. |
| ChartMill Relative Strength | 24.06 | NEGATIVE | CHM-A has a low relative strength, it was outperformed by 75.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHM-A is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHM-A is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHM-A is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.88 | NEUTRAL | The RSI value for CHM-A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CHM-A has a positive trend. |
| Stochastics (14,3) | 27.62 | NEUTRAL | The Stochastics value for CHM-A is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for CHM-A suggests low volalility. |
| Average Directional Index/ADX (14) | 8.75 | NEGATIVE | The low ADX value for CHM-A suggests a weak or negative trend. |
NYSE:CHM-A (6/27/2025, 8:04:00 PM)
21.0537
+0.1 (+0.49%)