CLAROS MORTGAGE TRUST INC (CMTG) Technical Analysis
NYSE:CMTG • US18270D1063
Current stock price
CMTG Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CMTG. Recently some decent action could be observed, but in the medium term time frame this is still negative. CMTG was also a bad performer in the overall market in the last year.
- 61% of all other stocks performed better in the past year than CMTG.
- In the last month CMTG has a been trading in the 2.12 - 2.78 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CMTG is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, CMTG did better than 68% of them.
- CMTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMTG is lagging the market.
- Considerably lower volume is observed in the last couple of days.
CMTG Weekly and Daily overview Charts
CMTG Setup Rating and Analysis
CMTG has a poor technical rating and the quality of the setup is also only medium 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
CMTG Support and Resistance Analysis
2.54
We found 1 important support area.
- A support zone ranging from 2.57 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.70 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.95 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.46 from a trend line in the weekly time frame.
CMTG 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 | DOWN | NEGATIVE | The long term trend for CMTG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMTG is up. |
| ChartMill Relative Strength | 39.44 | NEUTRAL | CMTG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CMTG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.56 | NEUTRAL | The RSI value for CMTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CMTG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.47 | NEUTRAL | The Stochastics value for CMTG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CMTG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.04 | NEUTRAL | The ADX value for CMTG suggests a possible start of a new trend. |
CMTG Chart- and CandleStick Pattern Analysis
CMTG Technicals: Chart, Performance Metrics, Trend & Indicators
2.64
+0.03 (+1.15%)
CLAROS MORTGAGE TRUST INC / CMTG TA FAQ
Can you provide the ChartMill technical rating for CLAROS MORTGAGE TRUST INC?
ChartMill assigns a technical rating of 3 / 10 to CMTG.
What is the trend direction for CMTG stock?
The current trend direction for CLAROS MORTGAGE TRUST INC (CMTG) is Bearish.
What is the RSI signal for CMTG stock?
CLAROS MORTGAGE TRUST INC (CMTG) has an RSI value of 58.5617. This indicates that the stock is currently neutral.
What is the MACD signal for CLAROS MORTGAGE TRUST INC (CMTG) stock?
The MACD indicator for CLAROS MORTGAGE TRUST INC (CMTG) has a value of 0.0284017, indicating a bearish trend.
What is the buy/sell signal for CMTG stock?
The buy/sell signal for CLAROS MORTGAGE TRUST INC (CMTG) is hold as the short term and long term trends are mixed.