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Stock Trend Analysis Report

Prepared for you on Wednesday, September 28, 2022.

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

Long-Term Downtrend (-90) - FMY is in a strong downtrend that is likely to continue. While FMY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
11.02 11.35 11.03 11.35 +0.19
Entry Signal

MarketClub’s Trade Triangles for FMY

long term down The long-term trend has been DOWN since Sep 26th, 2022 at 11.5000

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2022 at 11.7900

short term down The short-term trend has been DOWN since Sep 20th, 2022 at 11.5901

Smart Scan Analysis for FMY

Based on our trend formula, FMY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.02 11.35 11.03 11.35 +0.19
Prev. Close Volume Bid Ask Time
11.35 1942 2022-09-27 15:44:30
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High1452wk High Date2021-09-27
52wk Low11.0852wk Low Date2022-09-26
Year End Close17.66Average Volume7,493
Shares Outstanding4,045Market Cap58M
Assets56,019,424MLiabilities1,154,874M
P/E Ratio25.3636Beta-0.65000000
Volatility7.67
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