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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.
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MarketClub’s Trade Triangles for FMY
The long-term trend has been DOWN since Apr 3rd, 2023 at 11.17
The intermediate-term trend has been UP since Nov 8th, 2023 at 11.20
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).
| 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 High | 14.3429 | Year High Date | 2018-01-04 |
| Year Low | 12.74 | Year Low Date | 2018-10-30 |
| 52wk High | 12.11 | 52wk High Date | 2022-12-02 |
| 52wk Low | 10.71 | 52wk Low Date | 2023-10-03 |
| Year End Close | 17.66 | Average Volume | 3,037 |
| Shares Outstanding | 4,045 | Market Cap | 58M |
| Assets | 52,915,678M | Liabilities | 1,986,502M |
| P/E Ratio | 22.1136 | Beta | -0.65000000 |
| Volatility | 7.67 |