Mutual Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
FIDELITY GNMA FUND (NASDAQ:FGMNX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FGMNX
The long term trend has been UP since Dec 18th, 2018 at 11.14
The intermediate term trend has been DOWN since Dec 10th, 2019 at 11.56
The short term trend has been UP since Dec 27th, 2019 at 11.53
Smart Scan Analysis for FGMNX
Based on a pre-defined weighted trend formula for chart analysis, FGMNX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.58||52wk High Date||2019-10-04|
|52wk Low||11.2||52wk Low Date||2019-01-22|
|Year End Close||11.55||Payment Date||2016-12-05|