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Stock Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Granite Point Mortgage Trust Inc. 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE:GPMT.PR.A)

Strong Downtrend (-100) - GPMT.PR.A is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GPMT.PR.A continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GPMT.PR.A?

MarketClub looks at technical strength and momentum to determine if the timing is right for GPMT.PR.A.

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NYSE_GPMT.PR.A
Open High Low GPMT.PR.A Price Change
15.8500 15.9800 15.8000 15.8200 -0.0504
Entry Signal

MarketClub’s Trade Triangles for GPMT.PR.A

long term down The long-term trend has been DOWN since May 8th, 2024 at 16.50

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2024 at 16.00

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 15.81

Smart Scan Analysis for GPMT.PR.A

Based on our trend formula, GPMT.PR.A is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GPMT.PR.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.8500 15.9800 15.8000 15.8200 -0.0504
Prev. Close Volume Bid Ask Time
15.8200 6870 2024-09-06 15:57:48
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