Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 (NASDAQ:FGTMYX)

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

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

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

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

NASDAQ_FGTMYX
Open High Low FGTMYX Price Change
2.4000 2.4000 2.4000 2.4013 0.0000
Entry Signal

MarketClub’s Trade Triangles for FGTMYX

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 3.33

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2020 at 3.36

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 2.43

Smart Scan Analysis for FGTMYX

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

-100
Smart Scan Analysis for FGTMYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4000 2.4000 2.4000 2.4013 0.0000
Prev. Close Volume Bid Ask Time
2.4000 0 2.4000 2021-11-29 20:00:00
52wk High2.9452wk High Date2020-12-09
52wk Low2.452wk Low Date2021-11-22
Year End Close2.92Yield5.73
Payment Date2021-11-30
Get a free daily analysis and signals for THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 (FGTMYX) - Request Your Free Report.