Mortgage Choice

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Mortgage Choice: Sellers are in control at the market close.

[BEARISH]: Mortgage Choice sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Mortgage Choice adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 4 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.5%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 25%. Currently this quarter, closing price has spent 4 days in the lower price range compared to 3 days in the upper range giving a ratio of 1.3x.

Momentum(14) is decreasing for Mortgage Choice

[BEARISH]: Mortgage Choice currently has negative momentum of -0.115 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.The largest downward momentum rally for the last 3 months is 6 days producing a return of -3.6%.

Mortgage Choice: Rate of Change (14)

Mortgage Choice: Rate of Change (14)

[BEARISH]: Mortgage Choice currently has negative rate of change of -9.623%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

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