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Mutual Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

GT 120: The First Trust GNMA Reinvestment Income Trust (GRIT) Series 120 (NASDAQ:FHYTDX)

Long-Term Downtrend (-90) - FHYTDX is in a strong downtrend that is likely to continue. While FHYTDX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_FHYTDX
Open High Low FHYTDX Price Change
4.4400 4.4400 4.4400 4.4361 0.0000
Entry Signal

MarketClub’s Trade Triangles for FHYTDX

long term down The long-term trend has been DOWN since Apr 27th, 2021 at 9.10

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 4.53

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 4.51

Smart Scan Analysis for FHYTDX

Based on our trend formula, FHYTDX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FHYTDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4400 4.4400 4.4400 4.4361 0.0000
Prev. Close Volume Bid Ask Time
4.4400 0 4.4400 10.7300 2024-04-19 20:00:00
52wk High10.7352wk High Date2024-04-19
52wk Low4.4352wk Low Date2024-04-18
Year End Close4.67Yield3.93
Payment Date2024-04-30
Get a free daily analysis and signals for GT 120: The First Trust GNMA Reinvestment Income Trust (GRIT) Series 120 (FHYTDX) - Request Your Free Report.