Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SERIES 118 (NASDAQ:FPRHGX)
Long-Term Downtrend (-90) - FPRHGX is in a strong downtrend that is likely to continue. While FPRHGX 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 FPRHGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FPRHGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for FPRHGX
The long-term trend has been DOWN since Mar 14th, 2024 at 6.91
The intermediate-term trend has been DOWN since Jan 17th, 2024 at 7.11
The short-term trend has been DOWN since Apr 8th, 2024 at 6.80
Smart Scan Analysis for FPRHGX
Based on our trend formula, FPRHGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.6600 | 6.6600 | 6.6600 | 6.6737 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.6700 | 0 | 6.6700 | 10.7200 | 2024-04-19 20:00:00 |
| 52wk High | 10.72 | 52wk High Date | 2024-04-22 |
| 52wk Low | 6.65 | 52wk Low Date | 2024-04-16 |
| Year End Close | 7.18 | Yield | 3.32 |
| Payment Date | 2024-04-30 |