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Mutual Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

The First Trust GNMA Reinvestment Income Trust (GRIT) Series 106 (NASDAQ:FGRJNX)

Sidelines Mode (-55) - FGRJNX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_FGRJNX
Open High Low FGRJNX Price Change
8.1000 8.1000 8.1000 8.0808 -0.0200
Entry Signal

MarketClub’s Trade Triangles for FGRJNX

long term down The long-term trend has been DOWN since Aug 28th, 2020 at 8.13

intermediate term up The intermediate-term trend has been UP since Feb 17th, 2021 at 8.01

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 8.09

Smart Scan Analysis for FGRJNX

Based on our trend formula, FGRJNX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FGRJNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.1000 8.1000 8.1000 8.0808 -0.0200
Prev. Close Volume Bid Ask Time
8.0800 0 8.0800 10.8600 2021-02-25 20:00:00
52wk High10.8652wk High Date2021-02-25
52wk Low7.9852wk Low Date2021-01-28
Year End Close7.98Yield3.84
Payment Date2020-05-29
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