CLAROS MORTGAGE TRUST INC (CMTG) Stock Technical Analysis
USA - NYSE:CMTG - US18270D1063 - REIT
3.75 USD
-0.2 (-5.06%)
3.75 USD
0 (0%)
Taking everything into account, CMTG scores 7 out of 10 in our technical rating. Although CMTG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, CMTG is a bad performer in the overall market: 89% of all stocks are doing better.
CMTG is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 81% of 62 stocks in the same industry do better.
CMTG 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.
The long and short term trends are both positive. This is looking good!
In the last month CMTG has a been trading in the 3.14 - 3.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
CMTG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMTG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
2.31
3.90
5 important support areas can be observed.
- A support zone ranging from 3.64 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.58 from a horizontal line in the daily time frame.
- A support zone ranging from 3.10 to 3.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.85 from a horizontal line in the daily time frame.
- Support @2.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.86 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for CMTG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMTG is up. |
| ChartMill Relative Strength | 11.88 | NEGATIVE | CMTG has a low relative strength, it was outperformed by 88.12% off all stocks 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) | UP | POSITIVE | The current price of CMTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CMTG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.88 | NEUTRAL | The RSI value for CMTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CMTG has a negative trend. |
| Stochastics (14,3) | 58.91 | NEUTRAL | The Stochastics value for CMTG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for CMTG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for CMTG suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.87 | 3.63 | 0.24 (6.20%) | 16.13% |
| An entry @3.87. This is a Buy Stop order right above the resistance zone. | An exit @3.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 6.20%. | For a 1.00% total portfolio risk, you can invest 16.13% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CMTG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.75
-0.2 (-5.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-5.06%
1 Week-0.79%
2 Weeks-2.6%
1 Month19.43%
3 Month20.97%
6 Month-9.2%
12 Month-53.36%
2 Year-66.16%
3 Year-68.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.39%
ATR Inc71.95%
Range Today0.28
ADR(20)0.2
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.88
Mansfield-1.66
10 Day High3.99
10 Day Low3.56
20 Day High3.99
20 Day Low3.14
52 Week High8.09
52 Week Low2.13
CS1 End3.74
CR1 Start3.86
Volume & EV
DER(3)5.25%
DER(5)5.16%
Volume2.38M
Volume Incr91.66%
Vol(5)1.06M
Vol(50)648.41K