Mutual Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
FIDELITY GOVERNMENT INCOME FUND (NASDAQ:FGOVX)
Countertrend Down (-85) - FGOVX 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 FGOVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGOVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGOVX
The long-term trend has been DOWN since Sep 15th, 2022 at 9.33
The intermediate-term trend has been DOWN since Aug 17th, 2022 at 9.65
The short-term trend has been UP since Sep 28th, 2022 at 9.16
Smart Scan Analysis for FGOVX
Based on our trend formula, FGOVX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.72||52wk High Date||2021-12-03|
|52wk Low||9.03||52wk Low Date||2022-09-27|
|Year End Close||10.62||Payment Date||2021-12-23|