Mutual Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
FIDELITY GNMA FUND (NASDAQ:FGMNX)
Crossroads (+60) - FGMNX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for FGMNX
The long-term trend has been DOWN since Feb 16th, 2021 at 11.77
The intermediate-term trend has been UP since Apr 13th, 2021 at 11.73
The short-term trend has been UP since Apr 30th, 2021 at 11.74
Smart Scan Analysis for FGMNX
Based on our trend formula, FGMNX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.85||52wk High Date||2020-06-08|
|52wk Low||11.7||52wk Low Date||2021-03-19|
|Year End Close||11.79||Payment Date||2016-12-05|