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Mutual Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

THE FIRST TRUST GNMA REINVESTMENT INCOME TR GRIT SRS 119 (NASDAQ:FRAHNX)

Bear Market Rally (-75) - FRAHNX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FRAHNX as it may be in the beginning of a reversal.

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

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

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

NASDAQ_FRAHNX
Open High Low FRAHNX Price Change
8.4900 8.4900 8.4900 8.4995 +0.0300
Entry Signal

MarketClub’s Trade Triangles for FRAHNX

long term down The long-term trend has been DOWN since Feb 25th, 2021 at 9.81

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2022 at 8.70

short term up The short-term trend has been UP since Jun 17th, 2022 at 8.44

Smart Scan Analysis for FRAHNX

Based on our trend formula, FRAHNX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for FRAHNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.4900 8.4900 8.4900 8.4995 +0.0300
Prev. Close Volume Bid Ask Time
8.5200 0 8.5200 10.0400 2022-06-23 20:00:00
52wk High10.0452wk High Date2022-06-23
52wk Low8.3852wk Low Date2022-06-14
Year End Close9.5Yield2.58
Payment Date2022-06-30
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