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Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

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

Sidelines Mode (-55) - FMY 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 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
11.1300 11.3985 11.1300 11.3979 +0.2104
Entry Signal

MarketClub’s Trade Triangles for FMY

long term down The long-term trend has been DOWN since Apr 3rd, 2023 at 11.17

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2023 at 11.20

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 11.24

Smart Scan Analysis for FMY

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

-55
Smart Scan Analysis for FMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.1300 11.3985 11.1300 11.3979 +0.2104
Prev. Close Volume Bid Ask Time
11.2300 3094 2023-12-01 13:25:53
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High12.1152wk High Date2022-12-02
52wk Low10.7152wk Low Date2023-10-03
Year End Close17.66Average Volume3,037
Shares Outstanding4,045Market Cap58M
Assets52,915,678MLiabilities1,986,502M
P/E Ratio22.1136Beta-0.65000000
Volatility7.67
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