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Mutual Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
FIDELITY GOVERNMENT INCOME FUND (NASDAQ:FGOVX)
Long-Term Downtrend (-90) - FGOVX is in a strong downtrend that is likely to continue. While FGOVX 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 FGOVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGOVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FGOVX
The long-term trend has been DOWN since Jul 5th, 2023 at 9.15
The intermediate-term trend has been DOWN since May 18th, 2023 at 9.29
The short-term trend has been DOWN since Sep 15th, 2023 at 8.96
Smart Scan Analysis for FGOVX
Based on our trend formula, FGOVX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.92 | 8.92 | 8.92 | 8.88 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.85 | 0 | 8.91 | 8.91 | 2023-09-20 20:00:00 |
| 52wk High | 9.46 | 52wk High Date | 2023-04-05 |
| 52wk Low | 8.84 | 52wk Low Date | 2022-10-24 |
| Year End Close | 9.13 | Payment Date | 2022-12-23 |