Granite Point Mortgage Preferred Stock Technical Analysis

GPMT-PA Preferred Stock   18.16  0.03  0.17%   
As of the 3rd of December, Granite Point retains the risk adjusted performance of 0.1583, and Market Risk Adjusted Performance of 0.441. Granite Point technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Granite Point Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Granite, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Granite
  
Granite Point's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Granite Point technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
A focus of Granite Point technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Granite Point trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Granite Point Mortgage Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Granite Point Mortgage volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Granite Point Mortgage Trend Analysis

Use this graph to draw trend lines for Granite Point Mortgage. You can use it to identify possible trend reversals for Granite Point as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Granite Point price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Granite Point Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Granite Point Mortgage applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Granite Point Mortgage will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.73, which is the sum of squared deviations for the predicted Granite Point price change compared to its average price change.

About Granite Point Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Granite Point Mortgage on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Granite Point Mortgage based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Granite Point Mortgage price pattern first instead of the macroeconomic environment surrounding Granite Point Mortgage. By analyzing Granite Point's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Granite Point's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Granite Point specific price patterns or momentum indicators. Please read more on our technical analysis page.

Granite Point December 3, 2024 Technical Indicators

Most technical analysis of Granite help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Granite from various momentum indicators to cycle indicators. When you analyze Granite charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Granite Preferred Stock analysis

When running Granite Point's price analysis, check to measure Granite Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.
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