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Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Granite Point Mortgage Trust Inc. (NYSE:GPMT)
Bull Market Weakness (+75) - GPMT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GPMT as it may be in the beginning stages of a reversal.
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 Aug 10th, 2021 at 12.220
The intermediate-term trend has been UP since May 19th, 2023 at 4.515
The short-term trend has been UP since Jun 2nd, 2023 at 4.915
Smart Scan Analysis for GPMT
Based on our trend formula, GPMT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.98 | 5.26 | 4.98 | 5.23 | +0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.23 | 828530 | 2023-06-06 15:59:53 |
| Year High | 19.33 | Year High Date | 2018-09-06 |
| Year Low | 16.15 | Year Low Date | 2018-02-09 |
| 52wk High | 11.15 | 52wk High Date | 2022-06-07 |
| 52wk Low | 3.97 | 52wk Low Date | 2023-05-04 |
| Average Volume | 680,713 | Shares Outstanding | 51,526 |
| Market Cap | 1,024M | Assets | 347,534,100M |
| Liabilities | 254,300,800M | P/E Ratio | 30.7619 |
| Volatility | 13.89 |