New York, NY -- (ReleaseWire) -- 04/05/2013 --Federal National Mortgage Association (OTCQB: FNMA) shows neutral trend as the stock made downward movement in its latest trading session. It opened the session at $0.82 and remained in $0.78 and $0.90 price range during the session. The stock is 1.56 percent lower at $0.84. Federal National Mortgage’s first support level is at $0.82.
Upon breaching this level, the stock may touch $0.81. On the upside, its first resistance level is at $0.88. Federal National Mortgage has traded 10.483 million shares so far. The company deals in residential mortgage insurance segment.
Find out if FNMA could bounce back in the upcoming trading sessions here: http://stockreportdaily.com/market-scan/?symbol=FNMA
Federal Home Loan Mortgage Corporation (OTCQB: FMCC) is trading in the range of $0.77 and $0.80 during its latest trading session. The stock recorded the volume of 4.257 million shares, in comparison to its average daily trading volume of 7.238 million shares. Its downward movement accompanied by low volume shows neutral trend, which is further confirmed by its MACD and EMA charts.
The stock opened at $0.79 and is at $0.80, down 1.23 percent from its previous close of $0.81. It is currently trading above its 50 days SMA of $0.79 and has its first support level at $0.75. In the intermediate time period, the stock may test $0.72 resistance level.
Find out where FMCC could be headed by getting the free and full trend analysis reports here: http://stockreportdaily.com/market-scan/?symbol=FMCC
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