Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Federal National Mortgage Association (NASDAQ:FNMA)

Sidelines Mode (+55) - FNMA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NASDAQ_FNMA
Open High Low FNMA Price Change
1.535 1.540 1.460 1.470 -0.030
Entry Signal

MarketClub’s Trade Triangles for FNMA

long term up The long-term trend has been UP since Jan 18th, 2023 at 0.535

intermediate term up The intermediate-term trend has been UP since May 16th, 2024 at 1.550

short term down The short-term trend has been DOWN since May 23rd, 2024 at 1.570

Smart Scan Analysis for FNMA

Based on our trend formula, FNMA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FNMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.535 1.540 1.460 1.470 -0.030
Prev. Close Volume Bid Ask Time
1.500 1547305 2024-05-29 15:59:35
Year High2.65Year High Date2018-01-02
Year Low1.13Year Low Date2018-11-16
52wk High1.9952wk High Date2024-03-27
52wk Low0.4352wk Low Date2023-06-29
Year End Close0.255Average Volume2,351,354
Shares Outstanding1,158,088Short Interest135,468,832
% Institutional1.3Assets432,381,900M
Liabilities424,181,300MP/E Ratio61.545
Beta2.23Volatility45.5
Get a free daily analysis and signals for Federal National Mortgage Association (FNMA) - Request Your Free Report.