Mutual Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 (NASDAQ:FGTMYX)
Long-Term Uptrend (+90) - FGTMYX is in a strong uptrend that is likely to continue. While FGTMYX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for FGTMYX
The long-term trend has been UP since Mar 3rd, 2020 at 3.35
The intermediate-term trend has been UP since Feb 24th, 2020 at 3.30
The short-term trend has been UP since Mar 20th, 2020 at 3.36
Smart Scan Analysis for FGTMYX
Based on our trend formula, FGTMYX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.72||52wk High Date||2019-04-08|
|52wk Low||3.28||52wk Low Date||2019-12-30|
|Year End Close||3.28||Yield||5.73|