Tremont Mortgage Trust (TRMT) Technical Analysis
NASDAQ:TRMT
Current stock price
5.22
-0.18 (-3.33%)
At close:
5.22
0 (0%)
After Hours:
TRMT Technical Rating and Analysis
Overall TRMT gets a technical rating of 4 out of 10. 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. On top of that, TRMT also shows a nice and consistent pattern of rising prices.
- TRMT is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 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 trading in the upper part of its 52 week range, so TRMT is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
TRMT Weekly and Daily overview Charts
TRMT Setup Rating and Analysis
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
TRMT Support and Resistance Analysis
5.17
6.32
When analyzing the resistance we notice 3 important 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.
TRMT Technical Indicator Signal Analysis
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. |
TRMT Chart- and CandleStick Pattern Analysis
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)
TRMT Technicals: Chart, Performance Metrics, Trend & Indicators
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
3 months CRSN/A
6 months CRSN/A
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
Tremont Mortgage Trust / TRMT TA FAQ
Can you provide the ChartMill technical rating for Tremont Mortgage Trust?
ChartMill assigns a technical rating of 3 / 10 to TRMT.
Can you provide the trend direction for Tremont Mortgage Trust?
The current trend direction for Tremont Mortgage Trust (TRMT) is Bearish.
Can you provide the RSI signal for Tremont Mortgage Trust?
Tremont Mortgage Trust (TRMT) has an RSI value of 20.2776. This indicates that the stock is currently oversold.
What is the MACD signal for TRMT stock?
The MACD indicator for Tremont Mortgage Trust (TRMT) has a value of -0.0336909, indicating a bearish trend.