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Mutual Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 80 (NASDAQ:FGNMAX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_FGNMAX
Open High Low FGNMAX Price Change
3.57 3.57 3.57 3.57 0.00
Entry Signal

MarketClub’s Trade Triangles for FGNMAX

long term down The long term trend has been DOWN since Jan 28th, 2016 at 5.4314

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2018 at 3.9100

short term down The short term trend has been DOWN since Jan 8th, 2019 at 3.5900

Smart Scan Analysis for FGNMAX

Based on a pre-defined weighted trend formula for chart analysis, FGNMAX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for FGNMAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.57 3.57 3.57 3.57 0.00
Prev. Close Volume Bid Ask Time
3.57 0 3.57 0.00 2019-01-16 20:00:00
52wk High201852wk High Date2017-12-01
52wk Low3.5752wk Low Date2019-01-10
Year End Close3.58Yield5.16
Payment Date2018-12-31
Want to analyze FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 80 FGNMAX or another symbol? Try our Free Mutual Trend Analysis Report.