RSI low/high Values: [ 25 - 75 ]
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AI Analysis of FMCC
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Federal Home Loan Mortgage Corp stock downgraded from Strong Buy Candidate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Dec 19, 2023 Gain 146.16% PDF

The Federal Home Loan Mortgage Corp stock price fell by -3.57% on the last day (Wednesday, 27th Mar 2024) from $1.68 to $1.62. During the last trading day the stock fluctuated 8.70% from a day low at $1.61 to a day high of $1.75. The price has risen in 7 of the last 10 days and is up by 34.33% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -162 thousand shares and in total, 3 million shares were bought and sold for approximately $5.16 million.

The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $1.69 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 59.14% during the next 3 months and, with a 90% probability hold a price between $1.98 and $2.69 at the end of this 3-month period.

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FMCC Signals & Forecast

The Federal Home Loan Mortgage Corp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $1.57 and $1.21. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 26, 2024, and so far it has fallen -3.57%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Monday, July 10, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, July 10, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Federal Home Loan Mortgage Corp stock

Federal Home Loan Mortgage Corp finds support from accumulated volume at $1.56 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.140 between high and low, or 8.70%. For the last week, the stock has had daily average volatility of 11.21%.

Our recommended stop-loss: $1.54 (-4.86%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (FMCC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Federal Home Loan Mortgage Corp to open at $1.66, and during the day (based on 14 day Average True Range), to move between $1.52 and $1.72, which gives a possible trading interval of +/-$0.0993 (+/-6.13%) up or down from last closing price. If Federal Home Loan Mortgage Corp takes out the full calculated possible swing range there will be an estimated 12.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.67 (3.09%) than the support at $1.56 (3.70%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Federal Home Loan Mortgage Corp stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Federal Home Loan Mortgage Corp stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 3.171 Buy Candidate Downgraded

Predicted Opening Price for Federal Home Loan Mortgage Corp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$1.66 ( 2.47%) $1.62

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FMCC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.80 11.11 %
R2 1.75 7.81 %
R1 1.71 5.77 %
Current price: 1.62
Support S1 1.61 -0.83 %
S2 1.57 -2.87 %
S3 1.52 -6.17 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 1.68 3.70 %
R1 1.67 3.09 %
Current price 1.62
Support S1 1.56 -3.70%
S2 1.47 -9.26%
S3 1.25 -22.99%

FMCC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 12, 2008 Jun 12, 2008 Jun 12, 2008 $0.250 1.11%
2 Mar 13, 2008 Mar 13, 2008 Mar 13, 2008 $0.250 1.17%
3 Dec 13, 2007 Dec 13, 2007 Dec 13, 2007 $0.250 0.770%
4 Sep 13, 2007 Sep 13, 2007 Sep 13, 2007 $0.500 0.86%
5 Jun 14, 2007 Jun 14, 2007 Jun 14, 2007 $0.500 0.766%

FAQ

What is the symbol for Federal Home Loan Mortgage Corp Stock and on which exchange is it traded?
The symbol for Federal Home Loan Mortgage Corp is FMCC and it is traded on the OTCMKTS (OTC Markets Group).

Should I buy or sell Federal Home Loan Mortgage Corp Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Federal Home Loan Mortgage Corp stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Federal Home Loan Mortgage Corp Stock?
Federal Home Loan Mortgage Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Federal Home Loan Mortgage Corp Stock.

What's the current price of Federal Home Loan Mortgage Corp Stock?
As of the end of day on the 2024-03-27, the price of an Federal Home Loan Mortgage Corp (FMCC) share was $1.62.

What is the 52-week high and low for Federal Home Loan Mortgage Corp Stock?
The 52-week high for Federal Home Loan Mortgage Corp Stock is $1.75 and the 52-week low is $0.390.

What is the market capitalization of Federal Home Loan Mortgage Corp Stock?
As of the 2024-03-27, the market capitalization of Federal Home Loan Mortgage Corp is 1.053B.

When is the next earnings date for Federal Home Loan Mortgage Corp?
The upcoming earnings date for Federal Home Loan Mortgage Corp is May 01, 2024.
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About Federal Home Loan Mortgage Corp

Federal Home Loan Mortgage Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans; and manages single-famil... FMCC Profile

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