
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.
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MarketClub’s Trade Triangles for FRAHNX
The long-term trend has been DOWN since Feb 25th, 2021 at 9.81
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 8.70
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).

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 High | 10.04 | 52wk High Date | 2022-06-23 |
52wk Low | 8.38 | 52wk Low Date | 2022-06-14 |
Year End Close | 9.5 | Yield | 2.58 |
Payment Date | 2022-06-30 |