RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MITT
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

AG Mortgage Investment Trust Inc stock downgraded to Sell Candidate
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The AG Mortgage Investment Trust Inc stock price fell by -0.99% on the last day (Wednesday, 27th Mar 2024) from $6.07 to $6.01. During the last trading day the stock fluctuated 1.86% from a day low at $5.90 to a day high of $6.01. The price has been going up and down for this period, and there has been a 0.67% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -29 thousand shares and in total, 139 thousand shares were bought and sold for approximately $834.04 thousand.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.69% during the next 3 months and, with a 90% probability hold a price between $5.28 and $5.73 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

MITT Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The AG Mortgage Investment Trust Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $6.07 and $6.03. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -2.44%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for AG Mortgage Investment Trust Inc stock

AG Mortgage Investment Trust Inc finds support from accumulated volume at $5.97 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.110 between high and low, or 1.86%. For the last week the stock has had daily average volatility of 1.85%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MITT) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect AG Mortgage Investment Trust Inc to open at $5.97, and during the day (based on 14 day Average True Range), to move between $5.85 and $6.17, which gives a possible trading interval of +/-$0.163 (+/-2.71%) up or down from last closing price. If AG Mortgage Investment Trust Inc takes out the full calculated possible swing range there will be an estimated 5.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.97 (0.67%) than the resistance at $6.07 (1.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AG Mortgage Investment Trust Inc stock A Buy?

AG Mortgage Investment Trust Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -2.525 Sell Candidate Downgraded

Predicted Opening Price for AG Mortgage Investment Trust Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$5.97 ( 0.610%) $6.01

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MITT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 6.08 1.22 %
R2 6.04 0.521 %
R1 6.02 0.0891 %
Current price: 6.01
Support S1 5.93 -1.31 %
S2 5.91 -1.74 %
S3 5.86 -2.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.41 6.66 %
R2 6.22 3.49 %
R1 6.07 1.00 %
Current price 6.01
Support S1 5.97 -0.666%
S2 5.87 -2.33%
S3 5.83 -3.00%

MITT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 30, 2024 $0.180 3.00%
2 Dec 15, 2023 Dec 28, 2023 Jan 31, 2024 $0.0500 0.80%
3 Nov 29, 2023 Nov 29, 2023 Jan 02, 2024 $0.0500 0.81%
4 Oct 24, 2023 Nov 02, 2023 Nov 08, 2023 $0.0800 1.52%
5 Sep 15, 2023 Sep 28, 2023 Oct 31, 2023 $0.180 3.57%

FAQ

What is the symbol for AG Mortgage Investment Trust Inc Stock and on which exchange is it traded?
The symbol for AG Mortgage Investment Trust Inc is MITT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell AG Mortgage Investment Trust Inc Stock?
AG Mortgage Investment Trust Inc holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

How to buy AG Mortgage Investment Trust Inc Stock?
AG Mortgage Investment Trust Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AG Mortgage Investment Trust Inc Stock.

What's the current price of AG Mortgage Investment Trust Inc Stock?
As of the end of day on the 2024-03-27, the price of an AG Mortgage Investment Trust Inc (MITT) share was $6.01.

What is the 52-week high and low for AG Mortgage Investment Trust Inc Stock?
The 52-week high for AG Mortgage Investment Trust Inc Stock is $6.89 and the 52-week low is $4.82.

What is the market capitalization of AG Mortgage Investment Trust Inc Stock?
As of the 2024-03-27, the market capitalization of AG Mortgage Investment Trust Inc is 178.777M.

When is the next earnings date for AG Mortgage Investment Trust Inc?
The upcoming earnings date for AG Mortgage Investment Trust Inc is May 03, 2024.
Click to get the best stock tips daily for free!

About AG Mortgage Investment Trust Inc

AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate invest... MITT Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT