Western Asset Mortgage Capital Corporation (WMC)

US95790D2045 - REIT

9.18  +0.39 (+4.44%)

Technical Rating and Analysis

3

Taking everything into account, WMC scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. WMC was also a bad performer in the overall market in the last year.

73% of all other stocks performed better in the past year than WMC.
WMC is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 64 other stocks in this industry, of which 73% are performing better than WMC.
WMC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WMC is lagging the market.
Warning: WMC has an average volume of 21188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WMC has a been trading in the 8.11 - 9.20 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WMC Weekly chart
WMC Daily chart
Setup Rating and Analysis

3

The technical rating of WMC is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

7.91

10.42

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 8.52 to 8.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 8.19 to 8.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 7.99 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @9.42 from a trend line in the weekly time frame.
  • Resistance @10.32 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.49
Mansfield-0.86
10 Day High9.2
10 Day Low8.11
20 Day High9.2
20 Day Low8.11
52 Week High11.64
52 Week Low7.82
Performance
1 Week11.27%
2 Weeks9.55%
1 Month9.29%
3 Month-12.99%
6 Month1.89%
12 Month1.21%
2 Year-56.49%
3 Year-71.84%
5 Year-88.99%
10 Year-93.83%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)66.55
LBB8.05
UBB9
WMC Daily chart

Western Asset Mortgage Capital Corporation

NYSE:WMC (12/5/2023, 7:25:54 PM)

9.18

+0.39 (+4.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg4.44%
1 Week11.27%
2 Weeks9.55%
1 Month9.29%
3 Month-12.99%
6 Month1.89%
12 Month1.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%3.36%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.2
10 Day Low8.11
20 Day High9.2
20 Day Low8.11
52 Week High11.64
52 Week Low7.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume33.50K
Volume Incr5.44%
Vol(5)21.52K
Vol(50)21.19K