
Capstead Mortgage Corp (CMO) Technical Analysis
NYSE:CMO
Current stock price
CMO Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CMO. CMO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month CMO has a been trading in the 6.20 - 6.96 range, which is quite wide. It is currently trading near the lows of this range.
- CMO is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry. CMO outperforms 89% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, CMO turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- CMO 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 CMO is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
CMO Weekly and Daily overview Charts
CMO Setup Rating and Analysis
The technical rating of CMO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CMO Support and Resistance Analysis
5.88
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.38 to 6.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.17 from a trend line in the daily time frame.
- Support @6.06 from a horizontal line in the weekly time frame.
- Support @5.94 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.78 to 6.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.97 to 6.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMO 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 CMO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMO is neutral. |
| ChartMill Relative Strength | 42.94 | NEUTRAL | CMO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.21 | NEUTRAL | The RSI value for CMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CMO has a negative trend. |
| Stochastics (14,3) | 41.06 | NEUTRAL | The Stochastics value for CMO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CMO suggests some volalility. |
CMO Chart- and CandleStick Pattern Analysis
CMO Technicals: Chart, Performance Metrics, Trend & Indicators
6.5
+0.16 (+2.52%)
Capstead Mortgage Corp / CMO TA FAQ
What is the ChartMill technical rating of Capstead Mortgage Corp (CMO) stock?
ChartMill assigns a technical rating of 3 / 10 to CMO.
What is the current trend direction of Capstead Mortgage Corp (CMO) stock?
The current trend direction for Capstead Mortgage Corp (CMO) is Bearish.
What is the RSI signal for Capstead Mortgage Corp (CMO) stock?
Capstead Mortgage Corp (CMO) has an RSI value of 37.2083. This indicates that the stock is currently neutral.
What is the short term momentum for Capstead Mortgage Corp (CMO) stock?
The short term momentum for Capstead Mortgage Corp (CMO) is neutral.