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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
iShares GNMA Bond ETF (NASDAQ:GNMA)
Crossroads (+60) - GNMA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GNMA?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNMA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GNMA
The long-term trend has been DOWN since Apr 2nd, 2024 at 42.856
The intermediate-term trend has been UP since May 6th, 2024 at 42.707
The short-term trend has been UP since May 3rd, 2024 at 42.412
Smart Scan Analysis for GNMA
Based on our trend formula, GNMA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.740 | 42.741 | 42.661 | 42.685 | -0.118 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.770 | 0 | 2024-05-08 16:18:34 |
| Year High | 49.608 | Year High Date | 2018-01-02 |
| Year Low | 47.27 | Year Low Date | 2018-11-15 |
| 52wk High | 44.66 | 52wk High Date | 2023-05-11 |
| 52wk Low | 40.33 | 52wk Low Date | 2023-10-23 |
| Year End Close | 50.11 | Average Volume | 59,564 |
| Shares Outstanding | 700 | Market Cap | 170M |
| Assets | 198M | Volatility | 2.46 |