Mr. Cooper (COOP): Mortgage Trends Drive Chart MomentumMr. Cooper Group Inc. (COOP) is one of the largest mortgage servicing companies in the U.S., helping millions of homeowners manage and refinance their loans. The company offers a range of mortgage solutions while focusing on digital tools that simplify the lending experience. With a strong servicing portfolio and a growing presence in loan originations, Mr. Cooper benefits from steady housing market activity and demand for refinancing in a shifting rate environment.
The chart recently showed a confirmation bar with increasing volume, pushing the price above the 0.236 Fibonacci level—placing it into the momentum zone. This kind of move signals growing buyer interest and could point to continued strength if momentum holds.
