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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Granite Point Mortgage Trust Inc. (NYSE:GPMT)
Sidelines Mode (+55) - GPMT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GPMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for GPMT.
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 GPMT
The long-term trend has been DOWN since Apr 2nd, 2024 at 4.450
The intermediate-term trend has been UP since Jul 12th, 2024 at 3.190
The short-term trend has been DOWN since Jul 24th, 2024 at 3.005
Smart Scan Analysis for GPMT
Based on our trend formula, GPMT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.1100 | 3.1100 | 3.0101 | 3.0850 | +0.0350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0500 | 298287 | 2024-07-26 15:59:44 |
| Year High | 19.33 | Year High Date | 2018-09-06 |
| Year Low | 16.15 | Year Low Date | 2018-02-09 |
| 52wk High | 6.405 | 52wk High Date | 2023-12-27 |
| 52wk Low | 2.685 | 52wk Low Date | 2024-07-10 |
| Average Volume | 465,134 | Shares Outstanding | 51,035 |
| Market Cap | 1,024M | Assets | 272,024,500M |
| Liabilities | 194,612,700M | P/E Ratio | 30.7619 |
| Volatility | 13.89 |