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Stock Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

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

Sidelines Mode (+50) - FMY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until FMY can gain momentum.

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
12.1300 12.1800 12.0356 12.0356 -0.0194
Entry Signal

MarketClub’s Trade Triangles for FMY

long term down The long-term trend has been DOWN since Nov 4th, 2024 at 11.9801

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2024 at 12.0900

short term up The short-term trend has been UP since Nov 21st, 2024 at 11.9762

Smart Scan Analysis for FMY

Based on our trend formula, FMY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for FMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.1300 12.1800 12.0356 12.0356 -0.0194
Prev. Close Volume Bid Ask Time
12.1700 4623 2024-12-05 15:25:54
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High12.719252wk High Date2024-10-01
52wk Low11.456152wk Low Date2023-12-12
Year End Close17.66Average Volume4,194
Shares Outstanding4,045Market Cap58M
Assets52,915,678MLiabilities1,986,502M
P/E Ratio22.1136Beta-0.65000000
Volatility7.67
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