WESTERN ASSET MORT DEF OPP (DMO) Stock Technical Analysis
NYSE:DMO - New York Stock Exchange, Inc. - US95790B1098 - Currency: USD
Taking everything into account, DMO scores 4 out of 10 in our technical rating. In the past year, DMO was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
DMO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
10.73
We found 2 important support areas.
- A support zone ranging from 11.24 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.84 to 10.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.06 to 12.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSE:DMO (5/2/2025, 8:04:00 PM)
11.75
-0.01 (-0.09%)