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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 2024-08-21 View latest technical analysis

10 day averaged volume of Pennymac Mortgage is 580920

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	13.77	13.77	13.80	13.69	0.615 times
20 Tue Aug 2024	13.69	13.74	13.79	13.66	0.982 times
19 Mon Aug 2024	13.81	13.75	13.84	13.73	0.833 times
16 Fri Aug 2024	13.72	13.66	13.78	13.66	0.904 times
15 Thu Aug 2024	13.67	13.67	13.75	13.49	0.927 times
14 Wed Aug 2024	13.49	13.44	13.52	13.37	0.812 times
13 Tue Aug 2024	13.44	13.38	13.48	13.31	0.946 times
12 Mon Aug 2024	13.29	13.48	13.48	13.25	0.991 times
09 Fri Aug 2024	13.45	13.45	13.45	13.27	1.129 times
08 Thu Aug 2024	13.41	13.42	13.46	13.24	1.065 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.7, but if it comes below 13.7, then a intra day sell could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 13.56 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 14 as target.

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	13.67
Downside Intraday Target	13.58
Upside Intraday Target	13.85
Upside Intraday Target	13.94
Downside Intraday Target	13.76

Weekly technical analysis of Pennymac Mortgage (PMT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	13.77	13.75	13.84	13.66	0.53 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 up 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
21 Wed Aug 2024	13.77	13.85	13.89	12.81	0.444 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 moving up

CCI has generated a buy signal for Pennymac Mortgage in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 13.56 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.