NYSE:MITT - New York Stock Exchange, Inc. - US0012285013 - REIT - Currency: USD
Overall MITT gets a technical rating of 6 out of 10. MITT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
MITT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
5.83
3 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for MITT is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MITT is up. |
ChartMill Relative Strength | 56.24 | NEUTRAL | MITT is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MITT is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MITT is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MITT is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.98 | NEUTRAL | The RSI value for MITT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MITT has a positive trend. |
Stochastics (14,3) | 67.06 | NEUTRAL | The Stochastics value for MITT is a neutral value. |
Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for MITT suggests some volalility. |
Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for MITT suggests a weak or negative trend. |
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 |
---|---|---|---|
7.66 | 7.08 | 0.58 (7.57%) | 13.21% |
An entry @7.66. This is a Buy Stop order right above the 10 day high. | An exit @7.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.58 points, which is 7.57%. | When investing 13.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
7.33
+0.09 (+1.24%)