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Stock Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

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

Bull Market Weakness (+75) - FMY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FMY as it may be in the beginning stages of a reversal.

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
11.8994 11.8994 11.8499 11.8499 +0.0399
Entry Signal

MarketClub’s Trade Triangles for FMY

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 13.50

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2022 at 11.87

short term up The short-term trend has been UP since Jun 21st, 2022 at 11.64

Smart Scan Analysis for FMY

Based on our trend formula, FMY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.8994 11.8994 11.8499 11.8499 +0.0399
Prev. Close Volume Bid Ask Time
11.8100 1154 2022-06-29 14:44:31
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High14.0852wk High Date2021-07-02
52wk Low11.552wk Low Date2022-06-16
Year End Close17.66Average Volume3,351
Shares Outstanding4,045Market Cap58M
Assets59,808,728MLiabilities1,161,887M
P/E Ratio26.8409Beta-0.65000000
Volatility7.67
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