(MFA) Long-term investment analysis

December 1, 2024, 6:00 PM ET, BY David D. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for MFA

• Buy MFA near 11.06 and target a stop loss of 11.93 at 11.03 Details

The technical summary data tells us to buy MFA at around 11.06, with an upside target of 11.93. This data also tells us to set a stop loss at 11.03 to protect ourselves from excessive losses in case the stock starts moving against the trade. 11.06 is the first level of support below 11.11, and basically any test of support is a buy signal. In this case, the 11.06 support would be tested, so a buy signal would be present.

• Short MFA slightly below 11.93, target 11.06, stop loss at 11.96 Details

Summary technicals suggest an undershoot of the MFA as it approaches the 11.93 level, with a downside target of 11.06. However, we should have a stop loss at 11.96. 11.93 is the first resistance level above 11.11, and basically any test of resistance is a short signal. In this case, if the resistance 11.93 is tested, a short signal is present.

Swing trading plans for MFA

• Buy MFA slightly above 11.25, target 11.93, stop loss at 11.22 Details

If 11.25 starts to break out higher, the technical summary data tells us to buy MFA just above 11.25 with an upside target of 11.93. The data also tells us to set a stop loss at 11.22 in case the stock turns against the trade. 11.25 is the first resistance level above 11.11, and basically any break above resistance is a buy signal. In this case, 11.25, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short MFA slightly near 11.25, target n/a, stop loss at 11.28. Details

Technical summary data suggests MFA will fall below if it tests 11.25, with a downside target of n/a. However, we should have a stop loss at 11.28 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 11.25 is tested, there would be a short signal. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for MFA

• Buy MFA slightly above 11.32, target 11.93, stop loss at 11.29 Details

If 11.32 starts to break out higher, the technical summary data tells us to buy MFA just above 11.32 with an upside target of 11.93. The data also tells us to set a stop loss at 11.29 in case the stock turns against the trade. 11.32 is the first resistance level above 11.11, and basically any break above resistance is a buy signal. In this case, 11.32, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short MFA slightly near 11.32, target n/a, stop loss at 11.35. Details

Technical summary data suggests MFA will fall below if it tests 11.32, with a downside target of n/a. However, we should have a stop loss at 11.35 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 11.32 is tested, there would be a short signal. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Mfa Financial Inc. (MFA) available here: M.F.A.

MFA Ratings for December 1st:

AI-generated signals for MFA

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Technically, Mfa Financial Inc. (NYSE: MFA) offers opportunities for traders who watch how the stock price fluctuates over time.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for MFA change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when MFA tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for MFA. All of this is offered below the overview table.