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(GPMT) Granite Point complete technical analysis [charts+indicators] | Buy/Sell Granite Point | (GPMT) share price targets

Complete technical analysis of Granite Point (GPMT) by charts plus indicators, forecast predictions and share price targets for Granite Point (GPMT)

Granite Point trades in USA in Consumer Services sector.

10 day averaged volume of Granite Point is 613920

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 3.41 3.35 3.42 3.35 0.458 times
16 Thu May 2024 3.33 3.31 3.37 3.31 0.491 times
15 Wed May 2024 3.31 3.35 3.43 3.29 0.681 times
14 Tue May 2024 3.30 3.50 3.56 3.29 1.531 times
13 Mon May 2024 3.46 3.68 3.69 3.39 1.637 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.6, but if it comes above 3.6, then a intra day buy could be more profitable.
If you take a sell trade below 3.6, then use 3.6 as stoploss and 3 as target. However if you take a buy trade in stock , then use 3.6 as stoploss and 4.03 as target.

Share price targets for Granite Point (GPMT)

Target Type Value
Downside Target 3.29
Upside Target 3.49
Upside Target 3.69
Upside Target 4.21
Upside Target 4.45
Upside Target 4.51
Upside Target 4.54
Upside Target 4.74
Upside Target 5.02
Upside Target 5.37
Upside Target 5.66
Upside Target 6.13

Intraday share price targets for Granite Point (GPMT)

Target Type Value
Downside Intraday Target 3.24
Downside Intraday Target 3.06
Upside Intraday Target 3.64
Upside Intraday Target 3.86
Upside Intraday Target 3.46

Weekly technical analysis of Granite Point (GPMT)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 3.41 3.68 3.69 3.29 0.922 times
10 Fri May 2024 3.64 4.46 4.50 3.49 2.384 times
03 Fri May 2024 4.42 4.42 4.50 4.27 0.995 times
26 Fri Apr 2024 4.39 4.40 4.54 4.32 0.725 times
19 Fri Apr 2024 4.39 4.45 4.51 4.21 1.004 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Granite Point (GPMT)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 3.41 4.32 4.50 3.29 0.906 times
30 Tue Apr 2024 4.29 4.74 4.74 4.21 0.917 times
28 Thu Mar 2024 4.77 4.74 5.02 4.50 0.84 times
29 Thu Feb 2024 4.74 5.66 5.66 4.45 1.33 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Granite Point (GPMT)

Indicator Name Indicator Value Indicator Signal
ADX 26, 53, 33 Sell
MACD -1, -0Sell
Stochastics 5Sell
CCI -66Buy
RSI 29Sell
OBV -3251402Sell
VWAP 4Sell
ADL 0Sell
ROC -23Sell
Force Index 0Sell

Price action analysis of Granite Point ( (GPMT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Granite Point ( (GPMT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Granite Point ( (GPMT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Granite Point ( (GPMT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Granite Point stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Granite Point in short term and the sell signal is strong.

Granite Point Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Granite Point in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Granite Point is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.62 and Granite Point (GPMT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Granite Point (GPMT) stock. Volume based technical analysis of Granite Point (GPMT) stock is negative.

Granite Point Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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