Mutual Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
BLACKROCK GNMA PORTFOLIO - INSTITUTIONAL (NASDAQ:BGNIX)
Crossroads (-60) - BGNIX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BGNIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BGNIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BGNIX
The long-term trend has been UP since Mar 30th, 2020 at 9.50
The intermediate-term trend has been DOWN since Jun 17th, 2020 at 9.60
The short-term trend has been DOWN since Aug 4th, 2020 at 9.55
Smart Scan Analysis for BGNIX
Based on our trend formula, BGNIX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.63||52wk High Date||2020-06-03|
|52wk Low||9.24||52wk Low Date||2020-03-19|
|Year End Close||9.42|