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Claros Mortgage Trust gains 66.67% to $1.85, but RSI is overbought

Claros Mortgage Trust gains 66.67% to $1.85, but RSI is overbought

Photo: The Cryptonomist

Claros Mortgage Trust has a cautiously bullish daily setup, but the longer-term trend is not fully aligned. Price stands above its shorter daily averages and upper Bollinger band, while the 200-session EMA at $2.07 remains overhead. Overbought readings and conflicting short-term MACD signals make the bullish case conditional. Key takeaways CMTG closed at $1.85 on Wednesday, up 66.67% from the prior close of $1.11, with session volume of 587,356 shares. The close is above the 20-session EMA at $1.26 and the 50-session EMA at $1.38, but below the 200-session EMA at $2.07 .

Source: The Cryptonomist

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