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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
New York Mortgage Trust, Inc. - 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NASDAQ:NYMTM)
Countertrend Up (+85) - NYMTM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NYMTM?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYMTM.
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 NYMTM
The long-term trend has been UP since Dec 12th, 2023 at 23.000
The intermediate-term trend has been UP since May 1st, 2024 at 23.484
The short-term trend has been DOWN since May 2nd, 2024 at 23.310
Smart Scan Analysis for NYMTM
Based on our trend formula, NYMTM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.3800 | 23.4000 | 22.8500 | 23.3198 | -0.3093 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.6291 | 48182 | 2024-05-02 15:57:00 |
| 52wk High | 23.9499 | 52wk High Date | 2023-12-27 |
| 52wk Low | 19 | 52wk Low Date | 2023-05-10 |
| Average Volume | 14,285 | Assets | 740,132,800M |
| Liabilities | 582,171,600M |