Mutual Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
THE FIRST TRUST GNMA SERIES 115 (NASDAQ:FMITSX)
Sidelines Mode (+55) - FMITSX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FMITSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FMITSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FMITSX
The long-term trend has been UP since Mar 30th, 2020 at 3.14
The intermediate-term trend has been UP since Mar 30th, 2020 at 3.14
The short-term trend has been DOWN since Mar 31st, 2020 at 3.13
Smart Scan Analysis for FMITSX
Based on our trend formula, FMITSX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.2||52wk High Date||2019-06-20|
|52wk Low||3.07||52wk Low Date||2020-03-18|
|Year End Close||3.1||Yield||3.14|