FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

The nearest decision zone is framed by support around 7.39 and resistance near 8.39. Clearing resistance would strengthen the constructive case, while a failure through support would damage the present setup.

📊 Technical Summary

FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA) finished the session at 8.11 (+5.46%). Short-term positioning has improved with price above the 50-day average, although the chart still needs to reclaim the 200-day average to fully repair the bigger picture. 20-day momentum is notably strong at +14.55%, with price remains inside its roughly 52-week range (4.63–15.31), while ATR14 volatility is elevated at roughly 6.95% of price. RSI(14) is 59.3, which keeps short-term momentum constructive without being overly stretched. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD remains below its signal line, which shows that momentum confirmation is still limited. The MACD histogram remains negative, suggesting momentum is still on the softer side. Recent trading volume is running below its typical 20-day average, which suggests participation remains relatively muted. The most important nearby levels are support at 7.39 and resistance at 8.39. Clearing resistance would improve continuation odds, while slipping below support would weaken the present setup. On the fundamentals side, the latest snapshot shows Net income: 3.72B · EPS (basic): 0.01. For a fuller technical read, the interactive view adds overlays, pattern context and broader chart structure.

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