Mutual Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
THE FIRST TRUST GNMA SERIES 113 (NASDAQ:FTBAYX)
Sidelines Mode (+55) - FTBAYX 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 FTBAYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTBAYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTBAYX
The long-term trend has been UP since Mar 1st, 2021 at 3.48
The intermediate-term trend has been DOWN since Mar 24th, 2021 at 3.47
The short-term trend has been UP since Apr 6th, 2021 at 3.43
Smart Scan Analysis for FTBAYX
Based on our trend formula, FTBAYX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.81||52wk High Date||2021-04-09|
|52wk Low||3.36||52wk Low Date||2020-10-30|
|Year End Close||3.4||Yield||3.29|