VANECK MORTGAGE REIT INCOME (MORT) Stock Technical Analysis
NYSEARCA:MORT - NYSE Arca - US92189F4524 - ETF - Currency: USD
Overall MORT gets a technical rating of 2 out of 10. In the past year, MORT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
74% of all other stocks performed better in the past year than MORT.
MORT is one of the lesser performing stocks in the Automobile Components industry. 75% of 80 stocks in the same industry do better.
MORT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MORT is lagging the market.
In the last month MORT has a been trading in a tight range between 10.18 and 10.70.
Volume is considerably higher in the last couple of days.
MORT 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.41, a Stop Loss order could be placed below this zone.
More info and screens
9.09
11.94
We found 4 important support areas.
- A support zone ranging from 10.35 to 10.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.06 from a horizontal line in the daily time frame.
- Support @9.48 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.18 to 9.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.45 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.28 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.68 to 11.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MORT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MORT is neutral. |
| ChartMill Relative Strength | 26.1 | NEGATIVE | MORT has a low relative strength, it was outperformed by 73.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MORT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MORT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MORT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.27 | NEUTRAL | The RSI value for MORT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MORT has a negative trend. |
| Stochastics (14,3) | 44.7 | NEUTRAL | The Stochastics value for MORT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for MORT suggests low volalility. |
| Average Directional Index/ADX (14) | 10.44 | NEGATIVE | The low ADX value for MORT 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)
10.44
+0.01 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.1%
1 Week-1.14%
2 Weeks-0.48%
1 Month1.06%
3 Month3.98%
6 Month-3.6%
12 Month-10.77%
2 Year-14.64%
3 Year-33.25%
5 Year-24.29%
10 Year-52.61%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.41%
ATR Inc-12.37%
Range Today0.12
ADR(20)0.14
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.1
Mansfield-1.24
10 Day High10.7
10 Day Low10.4
20 Day High10.7
20 Day Low10.18
52 Week High12.36
52 Week Low8.81
CS1 End10.41
CR1 Start10.45
Volume & EV
DER(3)-6.49%
DER(5)-0.06%
Volume854.60K
Volume Incr5.36%
Vol(5)843.16K
Vol(50)588.27K