Free Daily Analysis

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.

NASDAQ_FGTMYX
Open High Low FGTMYX Price Change
3.38 3.37 3.37 3.37 -0.01
Entry Signal

MarketClub’s Trade Triangles for FGTMYX

long term up The long-term trend has been UP since Mar 3rd, 2020 at 3.35

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2020 at 3.30

short term up 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).

+90
Smart Scan Analysis for FGTMYX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.38 3.37 3.37 3.37 -0.01
Prev. Close Volume Bid Ask Time
3.38 0 3.37 2020-04-06 20:00:00
52wk High3.7252wk High Date2019-04-08
52wk Low3.2852wk Low Date2019-12-30
Year End Close3.28Yield5.73
Payment Date2020-01-31
Get a free daily analysis and signals for THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 98 (FGTMYX) - Request Your Free Report.