Wednesday, March 23, 2011

MFA Financial sell signals -- MFA

This morning my Barchart portfolio screener detected sell signals on MFA Financial (MFA) so I deleted it from the Barchart Van Meerten Speculative portfolio.

MFA Mortgage Investments, Inc. (MFA) operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments.

Sell signals are purely technical factors:
  • 20% Barchart technical sell signals
  • Trend Spotter (tm) sell signal
  • Below 20 and 30 day moving average
  • Lost 6.02% off its recent high
  • Relative Strength Index is 42..96% and dropping


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