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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

First Trust Motgage Income Fund Common Shares of Beneficial Interest (NYSE:FMY)

Crossroads (+60) - FMY 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 FMY?

MarketClub looks at technical strength and momentum to determine if the timing is right for FMY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_FMY
Open High Low FMY Price Change
11.9400 11.9501 11.9400 11.9400 -0.0400
Entry Signal

MarketClub’s Trade Triangles for FMY

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 11.52

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 11.92

short term up The short-term trend has been UP since May 2nd, 2024 at 11.90

Smart Scan Analysis for FMY

Based on our trend formula, FMY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for FMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.9400 11.9501 11.9400 11.9400 -0.0400
Prev. Close Volume Bid Ask Time
11.9500 745 2024-05-08 15:59:28
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High12.17552wk High Date2024-03-28
52wk Low10.7152wk Low Date2023-10-03
Year End Close17.66Average Volume4,733
Shares Outstanding4,045Market Cap58M
Assets52,915,678MLiabilities1,986,502M
P/E Ratio22.1136Beta-0.65000000
Volatility7.67
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