AlTorress

MFA in Uptrend: Stochastic indicator climbs into overbought zone

Short
NYSE:MFA   MFA Financial, Inc
Tickeron A.I.dvisor analyzed 232 other stocks in the Real Estate Investment Trusts Industry over the last three months, and discovered that 209 of them (90%) exhibited an Uptrend while 23 of them (10%) exhibited a Downtrend.

Be on the watch for MFA's price dropping or consolidating in the future -- when this happens, think about selling the ticker or exploring put options.

Current price $2.61 crossed the resistance line at $2.61 and is trading between $2.61 resistance and $2.53 resistance lines. Throughout the month of 06/14/20 - 07/15/20, the price experienced a -9% Downtrend, while the week of 07/08/20 - 07/15/20 shows a +12% Uptrend.
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