Tremont Mortgage Trust (TRMT) Stock Technical Analysis
NASDAQ:TRMT - Nasdaq -
We assign a technical rating of 4 out of 10 to TRMT. Although TRMT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TRMT has a been trading in the 5.09 - 5.89 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TRMT did better than 82% of all other stocks. We also observe that the gains produced by TRMT over the past year are nicely spread over this period.
TRMT is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 67 other stocks in this industry. TRMT outperforms 100% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TRMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRMT is lagging the market.
Volume is considerably higher in the last couple of days.
TRMT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.17
6.32
We can see 3 important resistance areas.
- A resistance zone ranging from 5.59 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.83 to 5.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.23 to 6.26. 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 | NEUTRAL | NEUTRAL | The long term trend for TRMT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRMT is down. |
| ChartMill Relative Strength | 82.65 | POSITIVE | TRMT has a high relative strength, it outperformed 82.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRMT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 20.28 | OVERSOLD | The low RSI value suggests TRMT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TRMT has a negative trend. |
| Stochastics (14,3) | 18.32 | OVERSOLD | The low Stochastics value suggests TRMT may be oversold. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMT suggests some volalility. |
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)
5.22
-0.18 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-3.33%
1 Week-4.92%
2 Weeks-7.77%
1 Month-10.2%
3 Month-13.43%
6 Month-10%
12 Month85.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%2.3%
ATR Inc221.62%
Range Today0.4
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.65
Mansfield-0.34
10 Day High5.68
10 Day Low5.09
20 Day High5.89
20 Day Low5.09
52 Week High6.6
52 Week Low2.75
CS1 EndN/A
CR1 Start5.59
Volume & EV
DER(3)-1.85%
DER(5)-0.86%
Volume554.70K
Volume Incr400.44%
Vol(5)136.22K
Vol(50)34.57K