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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
iShares GNMA Bond ETF (NASDAQ:GNMA)
Long-Term Downtrend (-90) - GNMA is in a strong downtrend that is likely to continue. While GNMA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GNMA?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNMA.
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 GNMA
The long-term trend has been DOWN since Nov 1st, 2024 at 43.282
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 43.256
The short-term trend has been DOWN since Dec 11th, 2024 at 43.738
Smart Scan Analysis for GNMA
Based on our trend formula, GNMA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.682 | 42.735 | 42.659 | 42.724 | -0.039 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.800 | 0 | 2024-12-24 16:19:48 |
| Year High | 49.608 | Year High Date | 2018-01-02 |
| Year Low | 47.27 | Year Low Date | 2018-11-15 |
| 52wk High | 45.69 | 52wk High Date | 2024-08-27 |
| 52wk Low | 41.91 | 52wk Low Date | 2024-04-16 |
| Year End Close | 50.11 | Average Volume | 31,363 |
| Shares Outstanding | 700 | Market Cap | 170M |
| Assets | 198M | Volatility | 2.46 |