Stock Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
Western Asset Mortgage Capital Corporation (NYSE:WMC)
Strong Downtrend (-100) - WMC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for WMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WMC
The long-term trend has been DOWN since Jul 8th, 2021 at 2.930
The intermediate-term trend has been DOWN since Jun 28th, 2021 at 3.345
The short-term trend has been DOWN since Aug 30th, 2021 at 2.785
Smart Scan Analysis for WMC
Based on our trend formula, WMC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.38||Year High Date||2018-09-10|
|Year Low||8.54||Year Low Date||2018-02-06|
|52wk High||4.19||52wk High Date||2021-06-11|
|52wk Low||1.885||52wk Low Date||2020-10-29|
|Year End Close||19.77||Average Volume||388,587|
|Shares Outstanding||60,813||Short Interest||593,034|
|% Institutional||50.8||Market Cap||526M|