Today TRMT ranks # as BUY CANDIDATE.
Today TRMT ranks # as BUY CANDIDATE.

TRMT stock Tremont Mortgage Trust

TRMT stock
Tremont Mortgage Trust

April 24, 2019
Change 1.57%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will TRMT stock price go up or down on Fri, 26 Apr 2019?

Tremont Mortgage Trust Forecast and Stock Analysis

Technical TRMT stock analysis for April 24, 2019.

Buy candidate since 2019-04-18 Gain 2.07%
Shorts n/a
Cash n/a
Loans n/a
Beta 2.59
ROA -1.42

Tremont Mortgage Trust gained 1.57% in the last trading day, rising from $10.20 to $10.36 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a 4.65% gain for the last 2 weeks. Volume fell in the last day by -8 019 shares, and in total, 28 046 shares bought and sold for approximately $290 557.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the TRMT stock was $10.36. This is 1.57% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 3.97% from a day low at $10.20 to a day high of $10.60.

30 day high of the TRMT stock price was $11.00 and low was $8.60.
90 day high was $11.00 and low was $8.48.
52 week high for the Tremont Mortgage Trust - $13.80 and low - $8.07.

Trend

Tremont Mortgage Trust lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.79% during the next 3 months and, with 90% probability hold a price between $10.55 and $12.57 at the end of this period.

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Signals

Tremont Mortgage Trust holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $10.23 and $9.44. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday April 17, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

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Relative Strength Index (RSI)

The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

Tremont Mortgage Trust finds support from accumulated volume at $10.25.

Support: $10.25 Price: $10.36 Resistance: $10.47

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.40 between high and low, or 3.97%. For the last week the stock has had a daily average volatility of 5.13%.

Our recommended stoploss: $9.85 (-4.89%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 72 and this increases the risk substantially. There is a buy signal from pivot bottom found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Strong Buy Candidate

Tremont Mortgage Trust holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.

Today TRMT ranks # as BUY CANDIDATE.
Today TRMT ranks # as BUY CANDIDATE.