MFA Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of MFA Financial, Inc. ( MFA) crossed above their 200 day moving average of $7.74, changing hands as high as $7.76 per share. MFA Financial, Inc. shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of MFA shares, versus its 200 day moving average:

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MFA Financial, Inc. 200 Day Moving Average Chart

Looking at the chart above, MFA's low point in its 52 week range is $6.98 per share, with $9.59 as the 52 week high point — that compares with a last trade of $7.71.

According to the ETF Finder at ETF Channel, MFA makes up 4.92% of the Mortgage REIT Income ETF ( MORT) which is trading up by about 1% on the day Tuesday.

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