Blackstone Mortgage Trust Technical Analysis (NYSE:BXMT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Blackstone Mortgage Trust stock price data and volume are plotted in BXMT stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Blackstone Mortgage Trust. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Blackstone Mortgage Trust stock analysis.
Blackstone Mortgage Trust Moving Average
Moving averages help predict the price direction of BXMT stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $32.27 is below the price of $32.76.
Blackstone Mortgage Trust Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BXMT stock. Blackstone Mortgage Trust bollinger bands show that the stock price is $32.76, upper band is 33.07, lower band is 31.46, and the average is 32.27.
Blackstone Mortgage Trust Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Blackstone Mortgage Trust MACD line is below the signal line.
Blackstone Mortgage Trust Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of BXMT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.