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Mutual Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 (NASDAQ:FGTMYX)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_FGTMYX
Open High Low FGTMYX Price Change
3.8681 3.8681 3.8681 3.8681 -0.0044
Entry Signal

MarketClub’s Trade Triangles for FGTMYX

long term down The long term trend has been DOWN since Oct 23rd, 2015 at 6.1230

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2018 at 4.1473

short term down The short term trend has been DOWN since Oct 15th, 2018 at 3.8772

Smart Scan Analysis for FGTMYX

Based on a pre-defined weighted trend formula for chart analysis, FGTMYX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for FGTMYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8681 3.8681 3.8681 3.8681 -0.0044
Prev. Close Volume Bid Ask Time
3.8681 2018-10-22 00:00:00
52wk High4.652wk High Date2017-10-23
52wk Low3.8452wk Low Date2018-10-09
Year End Close4.4577Yield5.73
Payment Date2018-10-31
Want to analyze THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 FGTMYX or another symbol? Try our Free Mutual Trend Analysis Report.