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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

BLACKROCK GNMA PORTFOLIO - INSTITUTIONAL (NASDAQ:BGNIX)

Countertrend Down (-85) - BGNIX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid BGNIX?

MarketClub looks at technical strength and momentum to determine if the timing is right for BGNIX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BGNIX
Open High Low BGNIX Price Change
7.65 7.65 7.65 7.62 -0.03
Entry Signal

MarketClub’s Trade Triangles for BGNIX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 7.78

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 7.80

short term up The short-term trend has been UP since Apr 23rd, 2024 at 7.65

Smart Scan Analysis for BGNIX

Based on our trend formula, BGNIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BGNIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.65 7.65 7.65 7.62 -0.03
Prev. Close Volume Bid Ask Time
7.65 0 7.62 7.62 2024-04-25 20:00:00
52wk High8.152wk High Date2023-05-03
52wk Low7.352wk Low Date2023-10-19
Year End Close8.01Payment Date2022-12-20
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