Mutual Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SERIES 82 (NASDAQ:FGNRIX)
Strong Downtrend (-100) - FGNRIX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FGNRIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGNRIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FGNRIX
The long-term trend has been DOWN since Feb 28th, 2018 at 3.83
The intermediate-term trend has been DOWN since Mar 31st, 2020 at 3.08
The short-term trend has been DOWN since Feb 22nd, 2021 at 2.42
Smart Scan Analysis for FGNRIX
Based on our trend formula, FGNRIX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.1||52wk High Date||2020-03-09|
|52wk Low||2.4||52wk Low Date||2021-02-25|
|Year End Close||2.47||Yield||5.18|