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FMNY
ETF ticker: NYSE ARCA
AS OF
Jul 25 closing price
Price
$25.68
Change
+$0.01 (+0.04%)
Net Assets
20.53M

FMNY First Trust New York High Inc Mncpl ETF Forecast, Technical & Fundamental Analysis

The investment seeks to provide current income that is exempt from regular federal income taxes and New York income taxes, and its secondary objective is long-term capital appreciation... Show more

FMNY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for FMNY with price predictions
Jul 25, 2025

FMNY in -0.44% downward trend, declining for three consecutive days on July 18, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FMNY declined for three days, in of 253 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on July 15, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FMNY as a result. In of 53 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FMNY turned negative on July 14, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 31 similar instances when the indicator turned negative. In of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at .

FMNY moved below its 50-day moving average on July 16, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FMNY crossed bearishly below the 50-day moving average on July 23, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 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 .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FMNY's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMNY advanced for three days, in of 268 cases, the price rose further within the following month. The odds of a continued upward trend are .

FMNY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 239 cases where FMNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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FMNY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category MuniNewYorkLong

Profile
Fundamentals
Details
Category
Muni New York Long
Address
120 East Liberty DriveWheaton, Illinois 60187Wheaton
Phone
(800) 621-1675
Web
www.ftportfolios.com
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FMNY and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, FMNY has been loosely correlated with MYN. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if FMNY jumps, then MYN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FMNY
1D Price
Change %
FMNY100%
+0.06%
MYN - FMNY
46%
Loosely correlated
-0.65%
NRK - FMNY
43%
Loosely correlated
+0.11%
NAN - FMNY
39%
Loosely correlated
+0.09%
MHN - FMNY
37%
Loosely correlated
-0.11%
PZT - FMNY
15%
Poorly correlated
N/A
More