Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

THE FIRST TRUST GNMA SERIES 113 (NASDAQ:FTBAYX)

Countertrend Down (-85) - FTBAYX 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 FTBAYX?

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

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

NASDAQ_FTBAYX
Open High Low FTBAYX Price Change
2.41 2.41 2.41 2.40 -0.01
Entry Signal

MarketClub’s Trade Triangles for FTBAYX

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 2.42

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 2.44

short term up The short-term trend has been UP since Apr 17th, 2024 at 2.40

Smart Scan Analysis for FTBAYX

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

-85
Smart Scan Analysis for FTBAYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.41 2.41 2.41 2.40 -0.01
Prev. Close Volume Bid Ask Time
2.41 0 2.40 9.81 2024-04-24 20:00:00
52wk High2.5352wk High Date2023-05-04
52wk Low2.2852wk Low Date2023-10-19
Year End Close2.49Yield3.29
Payment Date2024-04-30
Get a free daily analysis and signals for THE FIRST TRUST GNMA SERIES 113 (FTBAYX) - Request Your Free Report.