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Mutual Trend Analysis Report

Prepared for you on Monday, September 26, 2022.

FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SERIES 83 (NASDAQ:FGRMAX)

Strong Downtrend (-100) - FGRMAX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FGRMAX continues to fall. Traders should use caution and set stops.

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.

NASDAQ_FGRMAX
Open High Low FGRMAX Price Change
1.7800 1.7800 1.7800 1.7657 -0.0100
Entry Signal

MarketClub’s Trade Triangles for FGRMAX

long term down The long-term trend has been DOWN since Sep 27th, 2019 at 3.07

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 2.96

short term down The short-term trend has been DOWN since Sep 15th, 2022 at 1.79

Smart Scan Analysis for FGRMAX

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

-100
Smart Scan Analysis for FGRMAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7800 1.7800 1.7800 1.7657 -0.0100
Prev. Close Volume Bid Ask Time
1.7800 0 1.7700 2022-09-22 20:00:00
52wk High2.2752wk High Date2021-09-24
52wk Low1.7752wk Low Date2022-09-22
Year End Close2.14Yield5.77
Payment Date2022-09-30
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