PennyMac Financial Services, Inc. (PFSI)

PennyMac Financial Services, Inc. is trading at $76.29, down 0.03% on the session. The 50 day average sits at $81.61 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 44.9, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $77.67 with resistance near $83.04, so that band frames the current range. Average daily movement is roughly $2.78, or about 3.6% of the share price, which is what any stop placement has to allow for. The overall health score of 42 out of 100 combines a trend score of 28, momentum of 48 and a risk score of 56.

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through two segments, Production and Servicing. The Production segment is involved in the origination, acquisition, and sale of loans. This segment also sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; offers counseling for delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities comprising modification and forbearance programs, and supervising foreclosures and property dispositions. The company was founded in 2008 and is headquartered in Westlake Village, California.