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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New York Mortgage Trust, Inc. (NASDAQ:NYMT)
Long-Term Downtrend (-90) - NYMT is in a strong downtrend that is likely to continue. While NYMT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NYMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NYMT
The long-term trend has been DOWN since Aug 3rd, 2023 at 9.21
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 6.95
The short-term trend has been DOWN since Apr 30th, 2024 at 6.96
Smart Scan Analysis for NYMT
Based on our trend formula, NYMT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.0200 | 6.1599 | 6.0200 | 6.1550 | +0.1350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.0200 | 198300 | 2024-05-09 11:38:17 |
| Year High | 6.54 | Year High Date | 2018-08-03 |
| Year Low | 5.35 | Year Low Date | 2018-02-06 |
| 52wk High | 10.63 | 52wk High Date | 2023-07-27 |
| 52wk Low | 5.78 | 52wk Low Date | 2024-05-02 |
| Year End Close | 6.32 | Average Volume | 795,285 |
| Shares Outstanding | 91,228 | Short Interest | 5,236,403 |
| % Institutional | 24.5 | Market Cap | 1,421M |
| Assets | 740,132,800M | Liabilities | 582,171,600M |
| P/E Ratio | -2.54720000 | Beta | 0.36 |
| Volatility | 17.44 |