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Is GPMT ready to move lower? Fell Below 50 Day Moving Average shows up after dropping 1.43%

Granite Point Mortgage Trust Inc. (GPMT) — SwingTradeBot Technical Analysis Report · Jul 17, 2026, 17:49 ET
GPMT closed down 1.43% on Friday, July 17th, with volume running 0.2× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.37, 1.36 & 1.34, with resistance at 1.4, 1.42 & 1.43.

Current SwingTradeBot Technical Rating of GPMT: D

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Granite Point Mortgage Trust Inc. (GPMT)