New Mountain Finance Corp

NMFC remains in a Stage 4 decline, reinforced by a primary Lower Highs & Lower Lows continuation pattern. Price is holding just above the 9/21 EMAs after a marginal bounce, with oversold context but no mean-reversion eligibility. This defensive Free Cash Flow + Buybacks setup favors deferred bearish execution on rallies into dynamic EMA resistance.

• ↑$0.25 quarterly dividend yields ~14%, fully covered by $0.32 NII
• ↑$477 M asset sale boosted liquidity and first-lien exposure to 81%
• ↓Non-accruals at 2.6% reflect rising credit stress