Technical Analysis for NYMTP - New York Mortgage Trust, Inc. - 7.75% Series B Cumulative Redeemable Preferred Stock
|Grade||Last Price||% Change||$ Change|
NYMTP closed up 0.27 percent on Friday, March 24, 2017, on 46 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Up||Up|
|See historical NYMTP trend table...|
|Date||Alert Name||Type||% Chg|
|Mar 24||NR7||Range Contraction||0.00%|
|Mar 24||NR7-2||Range Contraction||0.00%|
|Mar 24||Narrow Range Bar||Range Contraction||0.00%|
|Mar 24||Stochastic Reached Overbought||Other||0.00%|
|Mar 24||Bollinger Band Squeeze||Range Contraction||0.00%|
|Mar 23||NR7||Range Contraction||0.27%|
|Mar 23||Narrow Range Bar||Range Contraction||0.27%|
|Mar 23||Bollinger Band Squeeze||Range Contraction||0.27%|
|Mar 22||Bollinger Band Squeeze||Range Contraction||0.44%|
|Mar 21||Bollinger Band Squeeze||Range Contraction||1.34%|
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New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the United States. It primarily invests in residential mortgage-backed securities comprised of adjustable-rate, hybrid adjustable-rate, fixed-rate, interest only and inverse interest only, and principal only mortgage-backed securities; multi family commercial mortgage-backed securities; and residential mortgage loans, including loans sourced from distressed markets. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal income tax on that portion of its income if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1989 and is headquartered in New York, New York.
Is NYMTP a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more NYMTP news...
|52 Week High||24.39|
|52 Week Low||19.55|
|200-Day Moving Average||23.3839|
|50-Day Moving Average||23.7269|
|20-Day Moving Average||24.0422|
|10-Day Moving Average||24.0255|
|Average True Range||0.2522|
|Chandelier Exit (Long, 3 ATRs)||23.6334|
|Chandelier Exit (Short, 3 ATRs)||24.4566|
|Upper Bollinger Band||24.3127|
|Lower Bollinger Band||23.7717|
|Percent B (%b)||0.85|