Is PennyMac Mortgage Investment Trust technically bullish or bearish?

Jun 25 2025 08:29 AM IST
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As of June 13, 2025, PennyMac Mortgage Investment Trust is in a bearish trend, supported by multiple indicators including bearish MACD and KST readings, despite some mixed signals from Bollinger Bands and Dow Theory.
As of 13 June 2025, the technical trend for PennyMac Mortgage Investment Trust has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication from multiple indicators. Both the weekly and monthly MACD are bearish, and the daily moving averages also confirm a bearish outlook. The KST is bearish on both weekly and monthly time frames. While the Bollinger Bands show a mildly bearish stance, the Dow Theory indicates no trend on the weekly and mildly bullish on the monthly, which contrasts with the overall bearish indicators. The RSI shows no signal on both time frames, suggesting a lack of momentum. Overall, the strength of the bearish stance is supported by the prevailing indicators.
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