Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
THE FIRST TRUST GNMA REINVESTMENT INCOME TR GRIT SRS 119 (NASDAQ:FRAHNX)
Sidelines Mode (-55) - FRAHNX 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 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.
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MarketClub’s Trade Triangles for FRAHNX
The long-term trend has been DOWN since Mar 15th, 2024 at 7.51
The intermediate-term trend has been DOWN since Jan 18th, 2024 at 7.70
The short-term trend has been UP since Mar 19th, 2024 at 7.51
Smart Scan Analysis for FRAHNX
Based on our trend formula, FRAHNX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
7.5600 | 7.5600 | 7.5600 | 7.5906 | +0.0300 |
Prev. Close | Volume | Bid | Ask | Time |
7.5600 | 0 | 7.5900 | 10.0400 | 2024-03-27 17:45:26 |
52wk High | 10.04 | 52wk High Date | 2024-03-27 |
52wk Low | 7.34 | 52wk Low Date | 2023-10-19 |
Year End Close | 7.81 | Yield | 2.58 |
Payment Date | 2024-03-28 |