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Mutual Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST GRIT SERIES 118 (NASDAQ:FPRHGX)

Sidelines Mode (-55) - FPRHGX 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 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.

NASDAQ_FPRHGX
Open High Low FPRHGX Price Change
9.32 9.34 9.34 9.34 +0.02
Entry Signal

MarketClub’s Trade Triangles for FPRHGX

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 9.35

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2020 at 9.43

short term up The short-term trend has been UP since Aug 3rd, 2020 at 9.31

Smart Scan Analysis for FPRHGX

Based on our trend formula, FPRHGX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FPRHGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.32 9.34 9.34 9.34 +0.02
Prev. Close Volume Bid Ask Time
9.32 0 9.34 10.72 2020-08-12 20:00:00
52wk High9.4752wk High Date2020-05-13
52wk Low9.1752wk Low Date2020-03-18
Year End Close9.2Yield3.32
Payment Date2020-05-29
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