Why is PMT Down Today?

PMT
$7.69
▼ -2.43% ($-0.19)
Last updated: Oct 01, 2026 4:35 PM ET (455 min ago)

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as the production and servicing of financial securities based on residential loans and the pooling and ...

Sector: REAL ESTATE INVESTMENT TRUSTS
Market Cap: $1.09B
Forward P/E: 7.5
52-Week Range: $7.64 - $13.81
Employees: 7

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 REAL ESTATE INVESTMENT TRUSTS sector moving together
This appears to be a sector-wide move. The REAL ESTATE INVESTMENT TRUSTS sector is down 1.4% on average.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

REAL ESTATE INVESTMENT TRUSTS sector: -1.4%

This appears to be a sector-wide move. Most REAL ESTATE INVESTMENT TRUSTS stocks are moving in the same direction.

Market Comparison

PMT is significantly underperforming the market (-2.6% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
PMT
This Stock
-2.43%
vs S&P 500: -2.61%
vs Nasdaq: -2.74%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, PMT is expected to trade between:
$7.46 - $7.84

Key Level to Watch

$7.30 support
Watch for breakdown below $7.69

🔔 Get PMT Alerts

We'll notify you when PMT's trend changes or a new signal fires.

Last updated: Oct 01, 2026 4:35 PM (455 minutes ago)
Data refreshes every 30 minutes during market hours

Historical Context

PMT has moved more than 3.0% down on 16 occasions in the past year.

25.0%
Continuation Rate
4/16 times continued down
+0.47%
Avg Next Day Change
After similar down moves
Last similar move: Sep 28, 2026 (-3.1%) → Next day: -0.9%

Frequently Asked Questions

Why is PMT stock down today?

This appears to be a sector-wide move. The REAL ESTATE INVESTMENT TRUSTS sector is down 1.4% on average.

Is PMT stock a buy or sell right now?

Based on current analysis, PMT shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the PMT stock price target?

PMT is currently trading at $7.69. Based on today's momentum, the expected short-term range is $7.46 - $7.84. See long-term price prediction →

Will PMT stock continue falling?

Our analysis shows a 45% probability that PMT's move continues in the next 1-3 days. Key level to watch: $7.30 (support).

Is PMT stock oversold or overbought?

PMT's RSI (Relative Strength Index) is currently at 19.7. This indicates oversold conditions - the stock may be due for a bounce as selling pressure appears exhausted.

What is the momentum for PMT stock?

PMT's 10-day momentum indicator is at -1.18. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is PMT outperforming or underperforming the market?

PMT (-2.43%) is currently significantly underperforming the market (-2.6% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for PMT?

PMT's MACD (-0.4) is currently below the signal line (-0.29), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 42.8) is strong.

Is PMT in an uptrend or downtrend?

Based on moving average analysis, PMT is in a bearish trend. The price ($7.69) is trading below both the 20-day SMA ($8.82) and 50-day SMA ($9.2). This alignment typically indicates sustained downward pressure.

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