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Mutual Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

FIDELITY GNMA FUND (NASDAQ:FGMNX)

Long-Term Downtrend (-90) - FGMNX is in a strong downtrend that is likely to continue. While FGMNX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_FGMNX
Open High Low FGMNX Price Change
10.03 10.03 10.03 10.08 -0.19
Entry Signal

MarketClub’s Trade Triangles for FGMNX

long term down The long-term trend has been DOWN since Sep 19th, 2022 at 10.26

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2022 at 10.71

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 10.75

Smart Scan Analysis for FGMNX

Based on our trend formula, FGMNX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FGMNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.03 10.03 10.03 10.08 -0.19
Prev. Close Volume Bid Ask Time
10.05 0 9.84 9.84 2022-09-26 20:00:00
52wk High11.6852wk High Date2021-11-05
52wk Low9.8452wk Low Date2022-09-26
Year End Close11.58Payment Date2021-12-06
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