GRANITE POINT MORTGAGE TRUST (GPMT)

US38741L1070 - REIT

4.39  +0.06 (+1.39%)

After market: 4.42 +0.03 (+0.68%)

Technical Rating and Analysis

0

Overall GPMT gets a technical rating of 0 out of 10. GPMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than GPMT.
GPMT is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 82% of 64 stocks in the same industry do better.
GPMT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GPMT is lagging the market.
In the last month GPMT has a been trading in the 4.21 - 4.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GPMT Weekly chart
GPMT Daily chart
Setup Rating and Analysis

7

GPMT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

4.09

5.99

We found 3 important support areas.

  • A support zone ranging from 4.36 to 4.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @4.23 from a trend line in the daily time frame.
  • Support @4.13 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • Resistance @4.85 from a horizontal line in the weekly time frame.
  • Resistance @4.94 from a horizontal line in the daily time frame.
  • Resistance @5.08 from a trend line in the weekly time frame.
  • Resistance @5.93 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.7
Mansfield-2.22
10 Day High4.54
10 Day Low4.21
20 Day High4.74
20 Day Low4.21
52 Week High6.41
52 Week Low3.97
Performance
1 Week0%
2 Weeks-0.68%
1 Month-7.97%
3 Month-26.47%
6 Month9.48%
12 Month-1.79%
2 Year-54.88%
3 Year-66.84%
5 Year-77.17%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)44.26
LBB4.21
UBB4.53
GPMT Daily chart

GRANITE POINT MORTGAGE TRUST

NYSE:GPMT (4/26/2024, 7:04:00 PM)

After market: 4.42 +0.03 (+0.68%)

4.39

+0.06 (+1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.39%
1 Week0%
2 Weeks-0.68%
1 Month-7.97%
3 Month-26.47%
6 Month9.48%
12 Month-1.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%2.85%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.54
10 Day Low4.21
20 Day High4.74
20 Day Low4.21
52 Week High6.41
52 Week Low3.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume197.70K
Volume Incr-40.55%
Vol(5)269.22K
Vol(50)434.54K