GRANITE POINT MORTGAGE TRUST (GPMT) Stock Technical Analysis
NYSE:GPMT - New York Stock Exchange, Inc. - US38741L1070 - REIT - Currency: USD
Taking everything into account, GPMT scores 3 out of 10 in our technical rating. GPMT 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
GPMT is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 96% of 66 stocks in the same industry.
In the last month GPMT has a been trading in the 2.25 - 2.73 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, GPMT outperforms 67% of them, which is more or less in line with the market.
GPMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GPMT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GPMT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.46, a Stop Loss order could be placed below this zone.
More info and screens
2.27
2.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.52 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.41 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.61 to 2.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.68 to 2.70. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for GPMT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GPMT is neutral. |
| ChartMill Relative Strength | 67.83 | NEUTRAL | GPMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GPMT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GPMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.83 | NEUTRAL | The RSI value for GPMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GPMT has a negative trend. |
| Stochastics (14,3) | 47.47 | NEUTRAL | The Stochastics value for GPMT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GPMT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.61 | NEGATIVE | The low ADX value for GPMT suggests a weak or negative 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)
NYSE:GPMT (7/15/2025, 12:27:41 PM)
2.555
+0.04 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.39%
1 Week0%
2 Weeks2.44%
1 Month-1.18%
3 Month45.66%
6 Month-15.15%
12 Month-17.65%
2 Year-56.02%
3 Year-76.25%
5 Year-62.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.85%
ATR Inc-49.41%
Range Today0.08
ADR(20)0.12
ADR(20)%4.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.83
Mansfield-1.45
10 Day High2.62
10 Day Low2.38
20 Day High2.73
20 Day Low2.25
52 Week High3.66
52 Week Low1.61
CS1 End2.46
CR1 Start2.53
Volume & EV
DER(3)-1.25%
DER(5)-0.28%
Volume166.45K
Volume Incr-82.11%
Vol(5)186.12K
Vol(50)628.14K