Today TRMT ranks # as HOLD CANDIDATE.
Today TRMT ranks # as HOLD CANDIDATE.

TRMT stock Tremont Mortgage Trust

TRMT stock
Tremont Mortgage Trust

February 21, 2019
Change 5.26%
Chart period: 2018-11-23 - 2019-02-21
VOLUME
Sell
TREND
Sell

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will TRMT stock price go up or down on Fri, 22 Feb 2019?

Tremont Mortgage Trust Forecast and Stock Analysis

Technical TRMT stock analysis for February 21, 2019.

Hold candidate since 2019-02-21
Shorts n/a
Cash n/a
Loans n/a
Beta 2.81
ROA -1.42

Tremont Mortgage Trust gained 5.26% in the last trading day, rising from $8.55 to $9.00 The price has risen in 5 of the last 10 days and is up by 5.32% over the past 2 weeks. Volume fell in the last day by -7 198 shares, and in total, 2 106 shares bought and sold for approximately $18 954.00. 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 (Thursday, 21st Feb 2019) of the TRMT stock was $9.00. This is 5.26% more than the trading day before Wednesday, 20th Feb 2019.

During day the stock fluctuated 1.49% from a day low at $9.00 to a day high of $9.13.

30 day high of the TRMT stock price was $9.41 and low was $8.48.
90 day high was $10.63 and low was $8.07.
52 week high for the Tremont Mortgage Trust - $14.41 and low - $8.07.

Trend

Tremont Mortgage Trust lies the upper part of a wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $9.07 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -14.47% during the next 3 months and, with 90% probability hold a price between $6.29 and $7.76 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, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $8.94 and $8.99. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday February 20, 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 not be. The very low volume increases the risk and reduces the other technical signals issued.

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A sell signal from a double top formation was found on Friday February 15, 2019 and based on theory for this formation the price should fall by -0.22% to $8.78 within 6 trading days since signal was issued (Tuesday February 26, 2019).

Relative Strength Index (RSI)

RSI14 is 58 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Tremont Mortgage Trust finds support from accumulated volume at $8.85.

Support: $8.85 Price: $9.00 Resistance: $9.05

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $8.68 (-3.58%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Tremont Mortgage Trust holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Today TRMT ranks # as HOLD CANDIDATE.
Today TRMT ranks # as HOLD CANDIDATE.