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Mutual Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_FGTMYX
Open High Low FGTMYX Price Change
4.4463 4.4463 4.4463 4.4463 -0.0055
Entry Signal

MarketClub’s Trade Triangles for FGTMYX

long term down The long term trend has been DOWN since Jan 28th, 2015 at 6.6447

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2017 at 5.0730

short term down The short term trend has been DOWN since Jan 16th, 2018 at 4.4563

Smart Scan Analysis for FGTMYX

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

-100
Smart Scan Analysis for FGTMYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4463 4.4463 4.4463 4.4463 -0.0055
Prev. Close Volume Bid Ask Time
4.4463 2018-01-23 00:00:00
52wk High5.1152wk High Date2017-02-24
52wk Low4.4452wk Low Date2018-01-09
Year End Close4.4577Yield5.73
Payment Date2018-01-31
Want to analyze THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 FGTMYX or another symbol? Try our Free Mutual Trend Analysis Report.