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Mutual Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

First Trust GNMA Reinvestment Income Trust (GRIT) Series 86 (NASDAQ:FTGRSX)

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

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

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

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

NASDAQ_FTGRSX
Open High Low FTGRSX Price Change
1.7300 1.7300 1.7300 1.7308 0.0000
Entry Signal

MarketClub’s Trade Triangles for FTGRSX

long term down The long-term trend has been DOWN since Jul 10th, 2019 at 3.40

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 3.12

short term down The short-term trend has been DOWN since Jun 27th, 2022 at 1.76

Smart Scan Analysis for FTGRSX

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

-100
Smart Scan Analysis for FTGRSX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7300 1.7300 1.7300 1.7308 0.0000
Prev. Close Volume Bid Ask Time
1.7300 0 1.7300 2022-07-05 17:15:36
52wk High2.2852wk High Date2021-07-09
52wk Low1.7352wk Low Date2022-07-01
Year End Close2.02Yield5.05
Payment Date2022-02-28
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