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(PMT) Pennymac Mortgage complete technical analysis [charts+indicators] | Buy/Sell Pennymac Mortgage | (PMT) share price targets

Complete technical analysis of Pennymac Mortgage (PMT) by charts plus indicators, forecast predictions and share price targets for Pennymac Mortgage (PMT)

Pennymac Mortgage trades in USA in Consumer Services sector.

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Pennymac Mortgage is 602590

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	13.69	13.74	13.79	13.66	0.947 times
19 Mon Aug 2024	13.81	13.75	13.84	13.73	0.803 times
16 Fri Aug 2024	13.72	13.66	13.78	13.66	0.872 times
15 Thu Aug 2024	13.67	13.67	13.75	13.49	0.894 times
14 Wed Aug 2024	13.49	13.44	13.52	13.37	0.783 times
13 Tue Aug 2024	13.44	13.38	13.48	13.31	0.912 times
12 Mon Aug 2024	13.29	13.48	13.48	13.25	0.955 times
09 Fri Aug 2024	13.45	13.45	13.45	13.27	1.088 times
08 Thu Aug 2024	13.41	13.42	13.46	13.24	1.027 times
07 Wed Aug 2024	13.33	13.50	13.52	13.23	1.359 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.7 as stoploss in an intra day sell trade for a target of 13.53. However, stock will show a bullish move above 13.7.

Share price targets for Pennymac Mortgage (PMT)

Target Type	Value
Downside Target	12.81
Downside Target	13.21
Upside Target	13.78
Upside Target	13.84
Upside Target	13.89
Upside Target	13.95
Upside Target	13.98
Upside Target	14.60
Upside Target	14.70
Upside Target	14.98
Upside Target	15.22

Intraday share price targets for Pennymac Mortgage (PMT)

Target Type	Value
Downside Intraday Target	13.62
Downside Intraday Target	13.55
Upside Intraday Target	13.8
Upside Intraday Target	13.91
Upside Intraday Target	13.73

Weekly technical analysis of Pennymac Mortgage (PMT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	13.69	13.75	13.84	13.66	0.396 times
16 Fri Aug 2024	13.72	13.48	13.78	13.25	0.625 times
09 Fri Aug 2024	13.45	13.00	13.52	12.81	1.168 times
02 Fri Aug 2024	13.60	13.80	13.95	13.32	0.52 times
26 Fri Jul 2024	13.76	14.54	14.60	13.28	1.508 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 Pennymac Mortgage (PMT)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	13.69	13.85	13.89	12.81	0.429 times
31 Wed Jul 2024	13.77	13.79	14.98	13.28	1.506 times
28 Fri Jun 2024	13.75	13.80	13.98	13.49	0.742 times
31 Fri May 2024	13.68	14.00	15.22	13.35	1.295 times

Scroll below to view daily charts

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 Pennymac Mortgage (PMT)

Price action analysis of Pennymac Mortgage ( (PMT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennymac Mortgage ( (PMT) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Pennymac Mortgage ( (PMT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Pennymac Mortgage stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Pennymac Mortgage in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Pennymac Mortgage Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Pennymac Mortgage in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Stock of Pennymac Mortgage is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.51 and Pennymac Mortgage (PMT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Pennymac Mortgage (PMT) stock. Volume based technical analysis of Pennymac Mortgage (PMT) stock is negative.

Pennymac Mortgage Stock is giving positive 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.