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

FMNY's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for FMNY turned positive on December 23, 2025. Looking at past instances where FMNY's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FMNY advanced for three days, in of 298 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 272 cases where FMNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Momentum Indicator moved below the 0 level on December 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FMNY as a result. In of 65 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

FMNY moved below its 50-day moving average on December 12, 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 December 11, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMNY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .