CHERRY HILL MORTGAGE INVESTM (CHMI) Technical Analysis
NYSE:CHMI • US1646511014
Current stock price
CHMI Technical Rating and Analysis
Overall CHMI gets a technical rating of 5 out of 10. In the last year, CHMI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 79% of all other stocks performed better in the past year than CHMI.
- CHMI is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 61% of 68 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month CHMI has a been trading in the 2.55 - 2.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CHMI 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 CHMI is lagging the market slightly.
CHMI Weekly and Daily overview Charts
CHMI Setup Rating and Analysis
CHMI has only a medium 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 a support zone below the current price at 2.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CHMI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CHMI Support and Resistance Analysis
2.49
2 important support areas can be observed.
- A support zone ranging from 2.62 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.52 to 2.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.69 from a trend line in the daily time frame.
- A resistance zone ranging from 2.77 to 2.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.30 from a trend line in the weekly time frame.
CHMI 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 CHMI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHMI is up. |
| ChartMill Relative Strength | 21.43 | NEGATIVE | CHMI has a low relative strength, it was outperformed by 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHMI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.77 | NEUTRAL | The RSI value for CHMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CHMI has a positive trend. |
| Stochastics (14,3) | 55.46 | NEUTRAL | The Stochastics value for CHMI is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for CHMI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for CHMI suggests a weak or negative trend. |
CHMI Chart- and CandleStick Pattern Analysis
CHMI Technicals: Chart, Performance Metrics, Trend & Indicators
2.68
+0.02 (+0.75%)
CHERRY HILL MORTGAGE INVESTM / CHMI TA FAQ
What is the technical rating for CHMI stock?
ChartMill assigns a technical rating of 5 / 10 to CHMI.
What is the current trend direction of CHERRY HILL MORTGAGE INVESTM (CHMI) stock?
The current trend direction for CHERRY HILL MORTGAGE INVESTM (CHMI) is Bearish.
Can you provide the RSI signal for CHERRY HILL MORTGAGE INVESTM?
CHERRY HILL MORTGAGE INVESTM (CHMI) has an RSI value of 53.7703. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHERRY HILL MORTGAGE INVESTM?
The MACD indicator for CHERRY HILL MORTGAGE INVESTM (CHMI) has a value of 0.00196252, indicating a bearish trend.