USA • New York Stock Exchange • NYSE:GPMT • US38741L1070
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.
GPMT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
2.08
We found 1 important support area.
When analyzing the resistance we notice 5 important areas.
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 | DOWN | NEGATIVE | The short term trend for GPMT is down. |
| ChartMill Relative Strength | 12.82 | NEGATIVE | GPMT has a low relative strength, it was outperformed by 87.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GPMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GPMT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.12 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 6.71 | OVERSOLD | The low Stochastics value suggests GPMT may be oversold. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for GPMT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.03 | POSITIVE | The high ADX value value for GPMT suggests a strong trend. |
2.11
+0.04 (+1.93%)
ChartMill assigns a technical rating of 0 / 10 to GPMT.
The current trend direction for GRANITE POINT MORTGAGE TRUST (GPMT) is Bearish.
GRANITE POINT MORTGAGE TRUST (GPMT) has an RSI value of 39.1189. This indicates that the stock is currently neutral.
The short term momentum for GRANITE POINT MORTGAGE TRUST (GPMT) is negative.
GRANITE POINT MORTGAGE TRUST (GPMT) has a support level at 2.1 and a resistance level at 2.25. Check the full technical report for our detailed analysis of GPMT support and resistance levels.