FIRST TRUST MORTGAGE INCOME (FMY) Stock Technical Analysis
NYSE:FMY - New York Stock Exchange, Inc. - US33734E1038 - Currency: USD
Taking everything into account, FMY scores 6 out of 10 in our technical rating. Although FMY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
65% of all other stocks performed better in the past year than FMY.
Warning: FMY has an average volume of 4928 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
FMY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FMY is lagging the market.
In the last month FMY has a been trading in a tight range between 12.14 and 12.32.
Considerably lower volume is observed in the last couple of days.
FMY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.16, a Stop Loss order could be placed below this zone.
More info and screens
11.48
12.71
We found 2 important support areas.
- A support zone ranging from 11.85 to 12.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.60 to 11.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.23 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.57 to 12.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FMY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMY is up. |
| ChartMill Relative Strength | 35.94 | NEUTRAL | FMY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FMY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FMY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for FMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FMY has a negative trend. |
| Stochastics (14,3) | 68.92 | NEUTRAL | The Stochastics value for FMY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for FMY suggests low volalility. |
| Average Directional Index/ADX (14) | 10.67 | NEGATIVE | The low ADX value for FMY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.26 | 12.16 | 0.10 (0.80%) | 25.00% |
| An entry @12.26. This is a Buy Stop order right above the resistance zone. | An exit @12.16. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 0.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.20%. |
- The distance between exit and entry is rather small compared to the average daily movement of FMY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:FMY (8/6/2025, 8:24:30 PM)
12.23
-0.04 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.36%
1 Week-0.24%
2 Weeks-0.08%
1 Month1.07%
3 Month1.34%
6 Month0.54%
12 Month-0.73%
2 Year7.75%
3 Year3.47%
5 Year-10.73%
10 Year-15.01%
15 Year-39.24%
Volatility
ATR(14)0.07
ATR(20)%0.58%
ATR Inc44.73%
Range Today0.09
ADR(20)0.06
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.94
Mansfield-0.69
10 Day High12.31
10 Day Low12.17
20 Day High12.32
20 Day Low12.14
52 Week High12.72
52 Week Low11.55
CS1 End12.16
CR1 Start12.23
Volume & EV
DER(3)-3.25%
DER(5)-2.68%
Volume4.10K
Volume Incr-52.38%
Vol(5)2.90K
Vol(50)4.93K