Mutual Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SERIES 82 (NASDAQ:FGNRIX)
Crossroads (+60) - FGNRIX 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 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 Mar 29th, 2017 at 4.56
The intermediate-term trend has been UP since Feb 26th, 2020 at 3.08
The short-term trend has been UP since Feb 24th, 2020 at 3.07
Smart Scan Analysis for FGNRIX
Based on our trend formula, FGNRIX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.4||52wk High Date||2019-03-27|
|52wk Low||3.07||52wk Low Date||2020-01-30|
|Year End Close||3.11||Yield||5.18|