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Mutual Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

THE FIRST TRUST GNMA SERIES 115 (NASDAQ:FMITSX)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_FMITSX
Open High Low FMITSX Price Change
3.3194 3.3194 3.3194 3.3194 -0.0025
Entry Signal

MarketClub’s Trade Triangles for FMITSX

long term down The long term trend has been DOWN since Aug 28th, 2015 at 5.1368

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2018 at 3.3714

short term up The short term trend has been UP since Aug 10th, 2018 at 3.3196

Smart Scan Analysis for FMITSX

Based on a pre-defined weighted trend formula for chart analysis, FMITSX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for FMITSX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3194 3.3194 3.3194 3.3194 -0.0025
Prev. Close Volume Bid Ask Time
3.3194 0 2018-08-19 00:00:00
52wk High3.7752wk High Date2017-09-05
52wk Low3.3152wk Low Date2018-08-01
Year End Close3.5579Yield3.14
Payment Date2018-08-31
Want to analyze THE FIRST TRUST GNMA SERIES 115 FMITSX or another symbol? Try our Free Mutual Trend Analysis Report.