First Trust Mortgage Income Fund is a United States-based diversified, closed-end management investment company... Show more
The Moving Average Convergence Divergence (MACD) for FMY turned positive on October 15, 2026. Looking at past instances where FMY's MACD turned positive, the stock continued to rise in 53 of 61 cases over the following month. The odds of a continued upward trend are 87%.
Following a +4.40% 3-day Advance, the price is estimated to grow further. Considering data from situations where FMY advanced for three days, in 198 of 255 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 45 of 67 cases where FMY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 67%.
The Momentum Indicator moved below the 0 level on October 21, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FMY as a result. In 99 of 135 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 73%.
FMY moved below its 50-day moving average on October 21, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FMY crossed bearishly below the 50-day moving average on September 16, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 18 of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 82%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 72%.
FMY broke above its upper Bollinger Band on October 15, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for FMY entered a downward trend on October 12, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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