Chicago Atlantic Real Estate Finance, Inc. (REFI) — Mortgage REITs. Numbers-first dossier: valuation, distress risk, calibrated signal.

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REFIpeers & supply-chain relationships

REFI fair-value estimate

REFI earnings history

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Bid — × — AskUpdated Sep 25, 2026 · 12:10 PM ETVol 210.8K · 3-mo avg 192.4K

Chicago Atlantic Real Estate Finance, Inc. (REFI)

REFIChicago Atlantic Real Estate Finance, Inc.loading…
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QTick signal
-3net
0 bull / 1 bear factors · leaning
Bull 0 pts·Bear 3 pts30d
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Market context—Sector read · not on file—Balance sheet · not on file—PCE inflation days · not on fileOKNeutral tape · 29/100 · as of 2026-09-25
Smart entry
—
model abstained · segment micro
Target exit
—
model abstained · segment micro
Implied move · 1 wk
—
not on file
Chart pattern
Death cross
50d below 200d · bearish structure · price back above the 50-day — repair underway
Pullback risk
Low
0.84× the norm · 74% saw a ≥10% dip · 63d · tape state: neutral
Chart pattern
Death cross
50d below 200d · bearish structure · price back above the 50-day — repair underway
Volume vs its own 20-session average0.95×
52-week range$9.69 – $13.49
Below high since 2021-48.3% · $20.58 high
Risk / reward—
Plan stop—
Max pain—
RSI 1446.7 fires under 35 · fires near $10.23
Forensic flags2 review
Earnings multiple5.5× fwd · 7.8× trailing
P/E vs its own pastnot on file
Price / booknot on file

Last session traded in line with its own normal, price up 0.4%. Over the last 20 sessions, 52% of the volume traded on days the stock closed lower.

Entry strategy · 10 triggers

Bearish tape — sell
RSI 14
●
46.7
fires under 35 · fires near $10.23
vs 50-day
●
$10.50
above the line · fires near $10.60
Bollinger
●
$10.56
no lower pierce · fires near $10.54
VWAP 20
✓
$10.91
below the rolling VWAP
Entry level
●
—
not on file
Put wall
●
—
not on file
MACD
Context●
-0.05
below zero · still falling
RVolStatic
0.95×
in line with its own normal
Short int.Static
7.7%
short interest below 20%
ATRStatic
$0.23
14-session average true range
A checklist, not odds on a return: 3 of 4 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, RVol, Short int. and ATR are context only — they never count toward the total.
See the full case→
Next earnings
2026-11-03
in 27 sessions
Next dividend
17.65% yld
no ex-date on file