Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Friday, December 19, 2025.
First Trust GNMA Reinvestment Income Trust GRIT Series 83 (NASDAQ:FGRMAX)
Sidelines Mode (+50) - FGRMAX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until FGRMAX can gain momentum.
Is it time to buy, sell, or avoid FGRMAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FGRMAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FGRMAX
The long-term trend has been DOWN since Dec 27th, 2022 at 1.73
The intermediate-term trend has been UP since Aug 1st, 2024 at 1.27
The short-term trend has been UP since Jul 10th, 2024 at 1.26
Smart Scan Analysis for FGRMAX
Based on our trend formula, FGRMAX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2800 | 1.2800 | 1.2800 | 0.8979 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2800 | 0 | 1.2800 | 2025-12-19 00:00:00 |
| 52wk High | 1.47 | 52wk High Date | 2023-09-22 |
| 52wk Low | 1.26 | 52wk Low Date | 2024-07-01 |
| Year End Close | 1.39 | Yield | 5.77 |
| Payment Date | 2025-12-31 |