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Mutual Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SRS 116 (NASDAQ:FBONOX)

Bear Market Rally (-75) - FBONOX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FBONOX as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid FBONOX?

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

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

NASDAQ_FBONOX
Open High Low FBONOX Price Change
9.16 9.17 9.17 9.17 +0.01
Entry Signal

MarketClub’s Trade Triangles for FBONOX

long term down The long-term trend has been DOWN since Jul 10th, 2020 at 9.18

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2020 at 9.27

short term down The short-term trend has been DOWN since Jul 23rd, 2020 at 9.15

Smart Scan Analysis for FBONOX

Based on our trend formula, FBONOX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for FBONOX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.16 9.17 9.17 9.17 +0.01
Prev. Close Volume Bid Ask Time
9.15 0 9.17 10.81 2020-08-04 17:00:02
52wk High9.3152wk High Date2020-05-13
52wk Low9.0152wk Low Date2020-03-18
Year End Close9.03Yield3.23
Payment Date2020-05-29
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