CHERRY HILL MORTGAGE INVESTM (CHMI)

US1646511014 - REIT

3.52  +0.05 (+1.44%)

Technical Rating and Analysis

2

Overall CHMI gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CHMI was also a bad performer in the overall market in the last year.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CHMI is a bad performer in the overall market: 83% of all stocks are doing better.
CHMI is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 65 other stocks in this industry, of which 85% are performing better than CHMI.
CHMI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CHMI has a been trading in the 3.19 - 3.57 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
CHMI Weekly chart
CHMI Daily chart
Setup Rating and Analysis

9

CHMI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

3.22

3.91

We found 3 important support areas.

  • A support zone ranging from 3.47 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.36 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.25 to 3.28. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @3.56 from a trend line in the daily time frame.
  • Resistance @3.67 from a trend line in the daily time frame.
  • A resistance zone ranging from 3.74 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.87 from a horizontal line in the daily time frame.
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
CRS17.62
Mansfield-1.98
10 Day High3.57
10 Day Low3.35
20 Day High3.57
20 Day Low3.19
52 Week High5.21
52 Week Low2.77
Performance
1 Week1.15%
2 Weeks1.73%
1 Month3.83%
3 Month1.15%
6 Month1.44%
12 Month-30.43%
2 Year-49.28%
3 Year-64.15%
5 Year-77.97%
10 Year-81.49%
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)0.02
RSI(14)54.73
LBB3.34
UBB3.59
CHMI Daily chart

CHERRY HILL MORTGAGE INVESTM

NYSE:CHMI (5/8/2024, 6:00:00 PM)

3.52

+0.05 (+1.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.44%
1 Week1.15%
2 Weeks1.73%
1 Month3.83%
3 Month1.15%
6 Month1.44%
12 Month-30.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%2.9%
ATR Inc
Range Today0.09
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 High3.57
10 Day Low3.35
20 Day High3.57
20 Day Low3.19
52 Week High5.21
52 Week Low2.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume132.33K
Volume Incr-9.69%
Vol(5)162.32K
Vol(50)220.42K