Technical Analysis for WMC - Western Asset Mortgage Capital Corporation

Grade Last Price % Change Price Change
grade D 10.09 0.80% 0.08
WMC closed up 0.8 percent on Friday, May 24, 2019, on 1.67 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Flat Down Flat
See historical WMC trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%

Older signals for WMC ...

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Profile
Western Asset Mortgage Capital Corporation operates as a real estate investment trust (REIT) in the United States. It primarily engages in investing in, financing, and managing agency residential mortgage-backed securities. The company has elected to be taxed as REIT under the internal revenue code. As a REIT, it would not be subject to federal income tax purposes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2009 and is based in Pasadena, California.
Real Estate Investment Trust United States Housing Bubble Private Equity Mortgage Backed Security Real Estate Mortgage Investment Conduit Arlington Asset Investment
Is WMC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 11.38
52 Week Low 8.26
Average Volume 381,720
200-Day Moving Average 10.1179
50-Day Moving Average 10.3713
20-Day Moving Average 10.317
10-Day Moving Average 10.099
Average True Range 0.1455
ADX 23.97
+DI 18.7773
-DI 27.4932
Chandelier Exit (Long, 3 ATRs ) 10.2135
Chandelier Exit (Short, 3 ATRs ) 10.3465
Upper Bollinger Band 10.8608
Lower Bollinger Band 9.7732
Percent B (%b) 0.29
BandWidth 10.541824
MACD Line -0.1152
MACD Signal Line -0.0699
MACD Histogram -0.0453
Fundamentals Value
Market Cap 422.96 Million
Num Shares 41.9 Million
EPS 0.82
Price-to-Earnings (P/E) Ratio 12.30
Price-to-Sales 7.10
Price-to-Book 0.95
PEG Ratio 1.66
Dividend 1.24
Dividend Yield 12.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.20
Resistance 3 (R3) 10.20 10.17 10.18
Resistance 2 (R2) 10.17 10.14 10.17 10.17
Resistance 1 (R1) 10.13 10.13 10.15 10.13 10.17
Pivot Point 10.10 10.10 10.11 10.10 10.10
Support 1 (S1) 10.06 10.07 10.08 10.06 10.01
Support 2 (S2) 10.03 10.06 10.03 10.01
Support 3 (S3) 9.99 10.03 10.00
Support 4 (S4) 9.99