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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Countertrend Down (-85) - FMY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
11.7200 11.8480 11.6600 11.6600 -0.1242
Entry Signal

MarketClub’s Trade Triangles for FMY

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 11.520

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 11.725

short term up The short-term trend has been UP since Apr 22nd, 2024 at 11.700

Smart Scan Analysis for FMY

Based on our trend formula, FMY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.7200 11.8480 11.6600 11.6600 -0.1242
Prev. Close Volume Bid Ask Time
11.6600 2686 2024-04-24 15:59:08
Year High14.3429Year High Date2018-01-04
Year Low12.74Year Low Date2018-10-30
52wk High12.17552wk High Date2024-03-28
52wk Low10.7152wk Low Date2023-10-03
Year End Close17.66Average Volume8,083
Shares Outstanding4,045Market Cap58M
Assets52,915,678MLiabilities1,986,502M
P/E Ratio22.1136Beta-0.65000000
Volatility7.67
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