Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) 14-Day RSI : 63.24 (As of Jun. 22, 2024)

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What is Cherry Hill Mortgage Investment 14-Day RSI?

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.

As of today (2024-06-22), Cherry Hill Mortgage Investment's 14-Day RSI is 63.24.

The industry rank for Cherry Hill Mortgage Investment's 14-Day RSI or its related term are showing as below:

CHMIpB.PFD's 14-Day RSI is ranked worse than
95.97% of 943 companies
in the REITs industry
Industry Median: 45.97 vs CHMIpB.PFD: 63.24

Competitive Comparison of Cherry Hill Mortgage Investment's 14-Day RSI

For the REIT - Mortgage subindustry, Cherry Hill Mortgage Investment's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cherry Hill Mortgage Investment's 14-Day RSI Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cherry Hill Mortgage Investment's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Cherry Hill Mortgage Investment's 14-Day RSI falls into.

Cherry Hill Mortgage Investment (NYSE:CHMIpB.PFD) 14-Day RSI Calculation

The formula for calculating RSI is:

RSI

100

–

[ 100

( 1 + Average Gain

Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cherry Hill Mortgage Investment (NYSE:CHMIpB.PFD) 14-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.

Cherry Hill Mortgage Investment 14-Day RSI Related Terms

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Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cherry Hill Mortgage Investment Corp (NYSE:CHMIpB.PFD) » Definitions » 14-Day RSI

Comparable Companies

EARN ACR LOAN LFT WMC MITT AJX AAIC SACH SEVN NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

CHMIpA.PFD:USA CHMI:USA

Address

1451 Route 34, Suite 303, Farmingdale, NJ, USA, 07727

Website

https://www.chmireit.com

Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.