Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SRS 116 (NASDAQ:FBONOX)
Strong Downtrend (-100) - FBONOX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FBONOX continues to fall. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FBONOX
The long-term trend has been DOWN since Mar 14th, 2024 at 7.44
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 7.44
The short-term trend has been DOWN since Apr 8th, 2024 at 7.35
Smart Scan Analysis for FBONOX
Based on our trend formula, FBONOX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.2000 | 7.2000 | 7.2000 | 7.1942 | -0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.2100 | 0 | 7.1900 | 10.8100 | 2024-04-16 20:00:00 |
| 52wk High | 7.86 | 52wk High Date | 2023-05-04 |
| 52wk Low | 7.17 | 52wk Low Date | 2023-10-19 |
| Year End Close | 7.73 | Yield | 3.23 |
| Payment Date | 2024-04-30 |