RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MFA
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Stronger technical forecast for MFA Financial Inc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The MFA Financial Inc stock price gained 1.42% on the last trading day (Thursday, 28th Mar 2024), rising from $11.25 to $11.41. During the last trading day the stock fluctuated 1.88% from a day low at $11.20 to a day high of $11.41. The price has risen in 6 of the last 10 days and is up by 1.97% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 97 thousand more shares were traded than the day before. In total, 807 thousand shares were bought and sold for approximately $9.21 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $11.63 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect MFA Financial Inc stock with a 90% probability to be traded between $10.48 and $11.59 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

MFA Signals & Forecast

The MFA Financial Inc stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $11.46. On a fall, the stock will find some support from the long-term average at approximately $11.13. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. 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 Thursday, March 21, 2024, and so far it has fallen -1.89%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for MFA Financial Inc stock

MFA Financial Inc finds support from accumulated volume at $11.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.210 between high and low, or 1.88%. For the last week the stock has had daily average volatility of 1.96%.

Our recommended stop-loss: $10.90 (-4.43%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (MFA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect MFA Financial Inc to open at $11.34, and during the day (based on 14 day Average True Range), to move between $11.16 and $11.66, which gives a possible trading interval of +/-$0.248 (+/-2.18%) up or down from last closing price. If MFA Financial Inc takes out the full calculated possible swing range there will be an estimated 4.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.42 (0.09%) than the support at $11.25 (1.40%), 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 MFA Financial Inc stock A Buy?

MFA Financial Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.563 Hold/Accumulate Upgraded

Predicted Opening Price for MFA Financial Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.34 ( 0.613%) $11.41

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

Trading levels for MFA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.55 1.23 %
R2 11.47 0.524 %
R1 11.42 0.0896 %
Current price: 11.41
Support S1 11.26 -1.32 %
S2 11.21 -1.75 %
S3 11.13 -2.45 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.48 0.613 %
R2 11.47 0.526 %
R1 11.42 0.0876 %
Current price 11.41
Support S1 11.25 -1.40%
S2 11.22 -1.67%
S3 10.73 -5.96%

MFA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Mar 27, 2024 Apr 30, 2024 $0.350 3.07%
2 Dec 13, 2023 Dec 28, 2023 Jan 31, 2024 $0.350 3.16%
3 Sep 20, 2023 Sep 29, 2023 Oct 31, 2023 $0.350 3.94%
4 Jun 15, 2023 Jun 29, 2023 Jul 31, 2023 $0.350 3.11%
5 Mar 10, 2023 Mar 30, 2023 Apr 28, 2023 $0.350 3.27%

FAQ

What is the symbol for MFA Financial Inc Stock and on which exchange is it traded?
The symbol for MFA Financial Inc is MFA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell MFA Financial Inc Stock?
MFA Financial Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy MFA Financial Inc Stock?
MFA Financial Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MFA Financial Inc Stock.

What's the current price of MFA Financial Inc Stock?
As of the end of day on the 2024-03-28, the price of an MFA Financial Inc (MFA) share was $11.41.

What is the 52-week high and low for MFA Financial Inc Stock?
The 52-week high for MFA Financial Inc Stock is $11.90 and the 52-week low is $8.41.

What is the market capitalization of MFA Financial Inc Stock?
As of the 2024-03-28, the market capitalization of MFA Financial Inc is 1.165B.

When is the next earnings date for MFA Financial Inc?
The upcoming earnings date for MFA Financial Inc is May 02, 2024.
Click to get the best stock tips daily for free!

About MFA Financial Inc

MFA Financial MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets. The... MFA Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT