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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
12.20 12.20 12.03 12.14 +0.11
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 down The intermediate-term trend has been DOWN since Dec 20th, 2024 at 11.9800

short term up The short-term trend has been UP since Dec 23rd, 2024 at 12.1100

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
12.20 12.20 12.03 12.14 +0.11
Prev. Close Volume Bid Ask Time
12.03 907 2024-12-26 11:12:08
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High12.719252wk High Date2024-10-01
52wk Low11.4852wk Low Date2024-04-16
Year End Close17.66Average Volume3,954
Shares Outstanding4,045Market Cap58M
Assets52,915,678MLiabilities1,986,502M
P/E Ratio22.1136Beta-0.65000000
Volatility7.67
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