CHERRY HILL MORTGAGE INVESTM (CHMI) Stock Technical Analysis
NYSE:CHMI - New York Stock Exchange, Inc. - US1646511014 - REIT - Currency: USD
Taking everything into account, CHMI scores 0 out of 10 in our technical rating. CHMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CHMI is a bad performer in the overall market: 81% of all stocks are doing better.
CHMI is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 84% of 65 stocks in the same industry do better.
In the last month CHMI has a been trading in the 2.91 - 3.31 range, which is quite wide. It is currently trading near the lows of this range.
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.
Considerably lower volume is observed in the last couple of days.
CHMI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.94, a Stop Loss order could be placed below this zone.
More info and screens
2.49
3.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.94 to 2.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.52 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- Resistance @2.96 from a trend line in the daily time frame.
- A resistance zone ranging from 3.01 to 3.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.09 from a horizontal line in the weekly time frame.
- Resistance @3.14 from a horizontal line in the daily time frame.
- Resistance @3.57 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.79 to 3.79. 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 | DOWN | NEGATIVE | The long term trend for CHMI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHMI is down. |
| ChartMill Relative Strength | 19.54 | NEGATIVE | CHMI has a low relative strength, it was outperformed by 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.47 | NEUTRAL | The RSI value for CHMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CHMI has a negative trend. |
| Stochastics (14,3) | 15 | OVERSOLD | The low Stochastics value suggests CHMI may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CHMI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for CHMI suggests a weak or negative trend. |
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)
NYSE:CHMI (5/29/2025, 8:04:00 PM)
2.95
-0.01 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.34%
1 Week0%
2 Weeks-4.22%
1 Month-2.32%
3 Month-16.43%
6 Month6.5%
12 Month-18.51%
2 Year-39.92%
3 Year-57.49%
5 Year-65.82%
10 Year-82.62%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.37%
ATR Inc-45.79%
Range Today0.04
ADR(20)0.1
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.54
Mansfield-1.33
10 Day High3.12
10 Day Low2.91
20 Day High3.31
20 Day Low2.91
52 Week High3.99
52 Week Low2.34
CS1 End2.94
CR1 Start2.96
Volume & EV
DER(3)0.57%
DER(5)-2.35%
Volume141.30K
Volume Incr-8.32%
Vol(5)201.22K
Vol(50)315.18K