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FMY Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Wednesday, January 13, 11:10 AM ET

In trading on Wednesday, shares of First Trust Mortgage Income Fund (NYSE:FMY) crossed below their 200 day moving average of $13.54, changing hands as low as $13.51 per share. First Trust Mortgage Income Fund shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of FMY shares, versus its 200 day moving average:

First Trust Mortgage Income Fund 200 Day Moving Average Chart

Looking at the chart above, FMY's low point in its 52 week range is $12.17 per share, with $14.78 as the 52 week high point — that compares with a last trade of $13.53.


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