Mutual Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
GUGGENHEIM DEF 807 GNMA PORT SRS 18 (NASDAQ:CGNMQX)
Strong Downtrend (-100) - CGNMQX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CGNMQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGNMQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGNMQX
The long-term trend has been DOWN since Oct 11th, 2019 at 5.69
The intermediate-term trend has been DOWN since Mar 24th, 2021 at 4.16
The short-term trend has been DOWN since Nov 23rd, 2021 at 3.61
Smart Scan Analysis for CGNMQX
Based on our trend formula, CGNMQX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.47||52wk High Date||2020-11-27|
|52wk Low||3.6||52wk Low Date||2021-11-10|
|Year End Close||4.23||Yield||2.33|