Back to top

Is GPMT poised for a decline? Bearish Engulfing shows up after sinking 2.9%

Granite Point Mortgage Trust Inc. (GPMT) — SwingTradeBot Technical Analysis Report · Sep 19, 2025, 17:53 ET
GPMT closed down 2.9% on Friday, September 19th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Bearish Engulfing and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 2.98, 2.94 & 2.87, with resistance at 3.08, 3.15 & 3.19.

Current SwingTradeBot Technical Rating of GPMT: C

Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Granite Point Mortgage Trust Inc. (GPMT)