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Mutual Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

FIRST TRUST GNMA REINVESTMENT INCOME TRUST (GRIT) SERIES 87 (NASDAQ:FTGREX)

Strong Downtrend (-100) - FTGREX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

NASDAQ_FTGREX
Open High Low FTGREX Price Change
2.3600 2.3600 2.3600 2.3649 0.0000
Entry Signal

MarketClub’s Trade Triangles for FTGREX

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 3.07

intermediate term down The intermediate-term trend has been DOWN since Apr 27th, 2020 at 3.14

short term down The short-term trend has been DOWN since Apr 26th, 2021 at 2.40

Smart Scan Analysis for FTGREX

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

-100
Smart Scan Analysis for FTGREX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3600 2.3600 2.3600 2.3649 0.0000
Prev. Close Volume Bid Ask Time
2.3600 0 2.3600 2021-05-07 18:25:00
52wk High3.1152wk High Date2020-05-22
52wk Low2.3652wk Low Date2021-05-07
Year End Close2.6Yield5.87
Payment Date2020-05-29
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