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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Federal National Mortgage Association (NASDAQ:FNMA)
Crossroads (-60) - FNMA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FNMA?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNMA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FNMA
The long-term trend has been UP since Jan 18th, 2023 at 0.535
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 1.400
The short-term trend has been DOWN since May 7th, 2024 at 1.470
Smart Scan Analysis for FNMA
Based on our trend formula, FNMA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.450 | 1.470 | 1.400 | 1.450 | -0.006 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.440 | 2072811 | 2024-05-08 15:59:41 |
| Year High | 2.65 | Year High Date | 2018-01-02 |
| Year Low | 1.13 | Year Low Date | 2018-11-16 |
| 52wk High | 1.99 | 52wk High Date | 2024-03-27 |
| 52wk Low | 0.43 | 52wk Low Date | 2023-06-29 |
| Year End Close | 0.255 | Average Volume | 2,217,114 |
| Shares Outstanding | 1,158,088 | Short Interest | 135,468,832 |
| % Institutional | 1.3 | Assets | 432,381,900M |
| Liabilities | 424,181,300M | P/E Ratio | 61.545 |
| Beta | 2.23 | Volatility | 45.5 |